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UNIFIED PAYMENTS INTERFACE UPI
UPI MDR deferment gives D2C brands festive-season margin reliefThe new MDR framework on UPI was expected to impact D2C brands operating in low-margin categories such as consumer electronics, fashion and...
UPI MDR rollout pushed; India’s first quantum computer coming soonHappy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning ...
UPI MDR rollout delayed; Rs 7,131 crore RDI deploymentNPCI has pushed back the UPI MDR rollout until after the festive season. This and more in today's ETtech Top 5.
Paytm, Pine Labs, Mobikwik shares crash up to 7% as UPI MPR fee rollout delayed beyond DiwaliShares of Paytm, Pine Labs dropped after NPCI delayed the rollout of merchant discount rate (MDR) fees on select UPI transactions beyond Di...
UPI MDR framework needs rationalisation to protect public trust: ReportUPI, a public digital infrastructure, has generated significant convenience for users and productivity gains for the economy, with its long...
UPI MDR framework needs rationalisation to protect public trust: IIT Bombay reportThe report cautioned that public trust in UPI could be undermined if the proposed MDR framework is implemented in its present form, stressi...
UPI MDR rollout may be deferred beyond festive season to Jan 1; shares fall: ReportUPI MDR rollout: A proposal is under consideration to delay the implementation of Merchant Discount Rates for Unified Payments Interface. T...
Razorpay cofounder Shashank Kumar explains how ChatGPT ads will work in IndiaRazorpay has teamed up with OpenAI to introduce advertising on ChatGPT for Indian enterprises. This collaboration features well-known brand...
Prosus steps up India fintech bets with Kiwi, Oolka funding talksProsus has held exploratory talks to invest in Kiwi, which offers bank-issued RuPay credit cards and credit lines for Unified Payments Inte...
India to widen services production index to include education, health and defenceThe statistics ministry plans to expand the monthly Index of Services Production to cover education, healthcare, public administration and ...
UPI MDR spurs soundbox expansion beyond metrosThe industry has scope to increase soundbox deployments from about two crore to five crore over time, a top official at the National Paymen...
IPO-bound Razorpay partners with OpenAI to help Indian brands advertise on ChatGPTUnder the partnership, Razorpay Engage, the company's customer engagement and marketing platform, will help brands prepare product catalogu...
India can sustain around 7% growth despite global concerns: Nilesh ShahIndia is projected to experience approximately 7% economic growth this year despite higher oil prices and deficient rainfall. Nilesh Shah, ...
UPI volume rises 27% to touch 145 billion in first half of FY27This is against UPI volume 114 billion in during the April-September quarter of the previous financial year, according to data released by ...
Your UPI payment just got a price tag: what it means for GST-registered taxpayersNPCI, which manages UPI, has brought in a merchant discount rate of 0.4% on certain person-to-merchant UPI payments above Rs 2,000.
UPI transaction volume dips to 24.07 billion in SeptemberTransaction volumes dipped 1.8% from 24.51 billion in August, while the value of transactions also fell marginally month on month. On a yea...
₹2,000+ UPI payment charges: SC refuses interim stay on 0.4% MDR, issues notice to govt, RBI, NPCI and othersThe Supreme Court has declined to grant an interim stay on the government’s new merchant discount rate policy. This policy imposes a 0.4% c...