Talking to PTI, Sitharaman said the decision was completely professional, and it was taken jointly by the National Payments Corporation of ...

As the nation prepares for a bank strike from September 28 to September 30, 2026, the State Bank of India has decided to eliminate ATM char...

In an effort to shield consumers from additional Merchant Discount Rate (MDR) charges, the finance ministry is set to consult with the Indi...

National Payments Corporation of India plans to introduce a 0.4% merchant discount rate for UPI transactions. This could help recover about...

Gold may have pushed silver into the spotlight, but the shift is not just about price. Younger Indians, in particular, are looking at silve...

Traders across Madhya Pradesh organized a 'No UPI Day' protest against the imposition of a 0.4% fee. The protest involved covering QR codes...

Government may end UPI subsidies for small transactions as merchant fees are introduced. Taxpayer-funded incentives for UPI and RuPay trans...

Happy Wednesday! The return of MDR on UPI is pushing banks to rethink products and budgets. This and more in today’s ETtech Morning Dispatc...

Unified Payments Interface (UPI) enables convenient investment in mutual funds through instant payments and SIPs. Investors appreciate UPI ...

Tax issues Levy of goods & services tax on MDR can be taken up by GST Council, ITC may be used by merchants.

Clarifying that Grover's remarks do not reflect the company's stance, BharatPe said his views were made strictly in an individual capacity.

A Public Interest Litigation challenges the government's new UPI charges. These charges apply to merchant payments exceeding two thousand r...

A new UPI framework will implement fees on certain merchant transactions while keeping person-to-person payments and transactions under two...

The NPCI has unveiled a new merchant discount rate that introduces a 0.4% fee for UPI person-to-merchant transactions exceeding Rs 2000. Th...

Happy Tuesday! Amazon's quick commerce arm is scaling fast, India head Samir Kumar told us. This and more in today’s ETtech Morning Dispatc...

His comments come as the government moves towards allowing charges on a limited set of UPI transactions. On Monday, the government notified...

NPCI generates revenues primarily by operating digital payment infrastructures such as UPI, IMPS (Immediate Payment Service), AePS (Aadhaar...