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

Effective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...

India's finance ministry rejected claims of foreign pressure influencing UPI transaction charges. A 0.4% Merchant Discount Rate will apply ...

NPCI will introduce a Merchant Discount Rate on select P2M UPI transactions starting October 15. Merchants will pay 0.4% on transactions ex...

A new merchant discount rate will fund UPI's expanding infrastructure costs. Large value person-to-merchant transactions above two thousand...

The National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...

An HDFC Bank credit card holder disputed a Rs 1,39,901 online transaction he said he had never authorised. HDFC Bank argued that card detai...

While NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...

The Unified Payments Interface (UPI) processed 24.51 billion transactions worth Rs 29.82 lakh crore in August, according to data from the N...

FADA and Rosmerta Digital Services have partnered to simplify vehicle compliance procedures. Their new platform, Rosmart, offers citizens a...

BRICS countries on Saturday voiced “serious concern” over organised scam networks, including cross-border fraud operations and scam compoun...

In a move to safeguard Indian merchants, PayU has launched its groundbreaking AI-driven Fraud Liability Protect solution. This offering is ...

PayU introduced an AI fraud solution for Indian merchants accepting international card payments. This new Fraud Liability Protect uses AI t...

India's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...

Agentic commerce refers to AI-led shopping where software can search, compare, order, and pay on a user’s behalf. The National Payments Cor...

What if a transaction takes place after you lose your card, and you don’t block it before that? Who has the liability then - you or the ban...

Banks are using AI to deeply understand customers and anticipate their needs. Axis Bank is experimenting with AI for personalised banking s...