Independence Day 2026: The road to UPI — India’s payments revolution was centuries in the makingIndia’s payments ecosystem has evolved dramatically, from hundis and merchant networks that moved value across long distances to formal ban...
15 Aug, 2026, 06.19 PM IST
Man loses Rs 9,800 after scratching a fake UPI cashback card; consumer commission orders Federal Bank to pay 17,800; know whyA man lost Rs 9,854 after falling for a fake UPI cashback scratch card scam. Federal Bank initially refunded the amount as required under R...
14 Aug, 2026, 01.15 PM IST
7 debit cards with complimentary airport lounge access in 2026 that you might not be aware of; 3 are without minimum spend criteriaCredit cards aren't the only way to unlock free airport lounge access. Discover 7 debit cards from ICICI, HDFC, SBI, PNB, IDFC First and Ba...
14 Aug, 2026, 12.54 PM IST
US Congress advances penny phaseout bill: What it means for you, the rounding rules, and how cash transactions could changeCongress is moving to end the production of one-cent coins for general circulation. The proposed Common Cents Act allows retailers to round...
13 Aug, 2026, 09.20 PM IST
UPI costs Rs 20,700 crore, government allocation just Rs 2,000 crore: Parliament PanelA parliamentary committee suggests a self-reliant revenue model for UPI's financial sustainability. Amendments to the Payment and Settlemen...
13 Aug, 2026, 04.02 PM IST
Apple Pay and Wallet Services chief Jennifer Bailey is leaving the iPhone makerJennifer Bailey, Apple's longtime head of Pay and Wallet, is retiring in October. She has led significant growth in payment services and th...
11 Aug, 2026, 11.45 PM IST
Apple Pay coming to India in October, UPI support may be delayed: ReportApple Pay may launch in India this October without UPI support. The service will initially use tokenized Visa and Mastercard credit cards. ...
11 Aug, 2026, 02.30 PM IST
'Ajit Doval’s undercover agent': Man posing as IAS officer arrested; police seize Tesla, 31 litres of imported liquor and barasingha hornsIn Bihar, police apprehended an individual masquerading as both an IAS officer and a National Security Agency agent. During a raid on his h...
11 Aug, 2026, 11.35 AM IST
Zero forex markup credit cards: Does it mean zero cost? Check this before your international travelPlanning an international trip? A 'zero forex markup' credit card promises savings, but hidden charges and fluctuating exchange rates can s...
11 Aug, 2026, 11.23 AM IST
India is scanning more and withdrawing less as digital payments take overIndia’s payments network is shifting towards software-based channels, with UPI QR codes and online card transactions growing while ATMs and...
11 Aug, 2026, 12.54 AM IST
UPI to remain free for users; nominal MDR may apply to select merchant transactionsConsumers will not face any charges for UPI payments. Most merchant transactions will also remain free of cost. Any future charges will app...
10 Aug, 2026, 06.55 PM IST
Is UPI ending free payments for all users? Here’s what Finance Ministry saysStandard UPI transfers for individuals will remain complimentary, ensuring users can continue making everyday payments without worry. While...
10 Aug, 2026, 02.44 PM IST
UPI MDR may return, but only some merchants will have to pay, Finance Ministry clarifiesThe finance ministry said any future MDR on UPI will be nominal and limited to merchant transactions above a specified threshold, while con...
09 Aug, 2026, 05.30 AM IST
SBI missed digital payments bus, now playing catch-up with YONO Pay: Chairman CS SettyState Bank of India chairman admits missing digital payments bus, while YONO app attempts to catch up. Banks and fintech firms argue UPI me...
08 Aug, 2026, 02.05 PM IST
UPI transactions above Rs 2000 to attract MDR after debit, credit cards? Here’s what users need to know about the proposalWhile there has been no official word from the government on this yet, it is learnt that the Centre could allow a levy of 0.25% to 0.4% as ...
07 Aug, 2026, 04.12 PM IST
MDR on UPI will impact businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam RameshSitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and not on the end u...
07 Aug, 2026, 09.03 AM IST
UPI apps could chase big-ticket transactions as MDR return loomsThe UPI race has so far centred on acquiring consumers and monetising them by cross-selling loans, insurance and investments, as there has ...
06 Aug, 2026, 06.00 AM IST