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UNIFIED PAYMENTS INTERFACE
India joins WTO fish subsidies pact, 900 questions at trade policy reviewIndia has joined the WTO agreement on fisheries subsidies, prohibiting harmful fishing practices. This pact safeguards traditional fishers ...- Nearly 55.49 crore UPI users onboarded by June 2026Around 55.49 crore UPI users were onboarded by June 2026, Parliament was informed. UPI transactions reached 24,162 crore in volume and Rs 3...
- India, Spain to fast-track UPI-Bizum interoperability talksThe two countries have also discussed ways to strengthen investment facilitation, improving mobility of professionals and promoting joint i...
- FM exhorts young entrepreneurs to raise risk appetite and ‘build boldly’ despite external woesFinance Minister Nirmala Sitharaman encouraged young entrepreneurs to build boldly for India's future. She emphasized creating value and em...
- UPI MDR could raise business costs, hurt consumption if introduced: ExpertsExperts suggest focusing on who bears UPI merchant discount rate costs. Introducing this fee could increase business operating expenses and...
- India's gold jewellery demand revives as prices stabilise; festive orders pick up: WGCIndia's gold jewellery demand is showing signs of recovery as stable prices and retailer discounts draw consumers back to stores, the World...
- Exclusive: UPI merchant fee likely to be set at 5-7 basis points: sourcesThe move would mark a significant shift in India’s digital payments policy, six years after the government made UPI and RuPay debit card tr...
- Exclusive: Govt may bring back UPI merchant fee for big businessesIndia may reintroduce merchant discount rates for large businesses on UPI transactions. This move aims to address the financial sustainabil...
- Stable policy push for ISM 2.0; Wipro misses Q1 estimatesHappy Friday! The government is leaning on policy stability, not just subsidies, to drive ISM 2.0. This and more in today’s ETtech Morning ...
- Wipro’s muted quarter; UPI’s merchant fee revivalWipro posted flat first-quarter profit despite higher revenues. This and more in today's ETtech Top 5.
- UPI fees explained: Why the government plans to revive MDR and who will payThe central government is considering reintroducing a merchant discount rate on UPI transactions. This levy would apply only to large merch...
- "We are moving ahead with connecting India's UPI and New Zealand's payment system": PM Modi"Friends, to make our Strategic Partnership meaningful, we are turning the strengths of both countries into practical cooperation. In the f...
- 'A video on Facebook, a chat on Telegram': Deepfake Nirmala Sitharaman scam costs Bengaluru professor Rs 61 lakhA Bengaluru professor lost over sixty-one lakh rupees in a sophisticated cyber fraud. She was lured by a deepfake video featuring Finance M...
- PayU will grow 25% across payments, credit over the next 18 months, says CEOOne of the early movers in the payments processing business, targeting small business and merchants, PayU has grown into a larger fintech f...
- India's UPI to link with Indonesia's payment system, says PM ModiIndia's Unified Payments Interface will soon integrate with Indonesia's payment system. Prime Minister Narendra Modi announced this signifi...
- India follows path of development, not expansionism: PM Modi in IndonesiaPrime Minister Narendra Modi addressed the Indonesian Parliament, highlighting India's commitment to development. He accepted Indonesia's h...
- NPCI's Dilip Asbe joins Swift's global supervisory boardDilip Asbe, CEO of NPCI, has joined Swift's global supervisory board, a significant step for India's payment ambitions. This appointment, p...
- UPI transactions moderate to Rs 28.9 lakh crore in June, up 20% YoYUnified Payments Interface (UPI) transactions saw a slight dip in June, reaching Rs 28.9 lakh crore, down from May's record high. Despite t...
- Digital India to power India's growth story with AI, chips and DPI: MeitYIndia is poised for a digital leap, with AI, semiconductors, and indigenous manufacturing set to drive economic growth. Building on a decad...
- India launches UPI in GreeceIndia's digital payment system, UPI, has expanded its global reach with a launch in Greece. This move allows eligible customers instant, se...
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