PhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a...

PhonePe and Razorpay leaders affirmed UPI payments will stay free for consumers. They support sustainable revenue models for payment infras...

The Payments Council of India clarified UPI transactions will remain free for consumers. Small merchants, including kirana stores, will als...

PCI said small merchants, including kirana stores, should not be charged for accepting UPI payments. Any merchant service charge would be a...

The company’s shareholders on July 25 approved the issue of 5,074 pre-series C compulsorily convertible preference shares at Rs 71,693.02 a...

India's UPI policies should not be altered due to United States pressure. A think tank advises defending competition and policy autonomy fo...

Mastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country'...

Mastercard India head Gautam Aggarwal sees UPI as a complementary system. UPI has educated consumers and expanded the digital payments mark...

Happy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making a comeback. This and more in toda...

The UPI race has so far centred on acquiring consumers and monetising them by cross-selling loans, insurance and investments, as there has ...

The Confederation of All India Traders will support a nominal Merchant Discount Rate on higher-value UPI transactions. This support is cont...

Parliamentary amendments propose restoring merchant discount rates on UPI payments. This move aims to encourage digital transactions by all...

India has laid the legal groundwork to reintroduce merchant fees on UPI payments through proposed amendments to the Payment and Settlement ...

ET was the first to report on July 16 that the government could reintroduce MDR on UPI transactions for large merchants. This has been an i...

Compared to July 2025, UPI transaction volumes rose 22% in July, while the transaction value increased 19% compared to a year ago. The July...

Swiggy has roped in former Myntra CEO Nandita Sinha to lead its quick commerce unit Instamart. This and more in today’s ETtech Top 5.

Revenue from operations rose 20% to Rs 736.9 crore from Rs 615.9 crore. The growth was led by its issuing and acquiring platform, which exp...