Searched for
DIGITAL PAYMENT ADOPTION
Customs should accelerate AI usage to reduce cost, physical interface with trusted taxpayers: CBIC chiefIn a progressive move, the Customs department plans to ramp up its deployment of artificial intelligence and real-time analytics to limit d...16 Sep, 2026, 11.57 AM IST- NPCI announces MDR for UPI; merchant transactions above Rs 2,000 to attract 0.4% chargeWhile NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...15 Sep, 2026, 11.32 PM IST
- UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to knowUPI Payment: UPI transactions up to Rs 2,000 will remain free for all users. A new Merchant Discount Rate (MDR) will apply to specified mer...15 Sep, 2026, 10.16 PM IST
- UPI transactions above Rs 2,000 to attract 0.4% MDR; check key detailsNPCI will introduce a Merchant Discount Rate on select P2M UPI transactions starting October 15. Merchants will pay 0.4% on transactions ex...15 Sep, 2026, 07.34 PM IST
- Credit for the next 50 crore: How PhonePe’s new co-branded cards target India’s underservedAt GFF 2026, PhonePe unveiled a suite of co-branded credit cards with HDFC Bank and SBI, plus the Wishcard for consumers with limited or no...15 Sep, 2026, 06.45 PM IST
- No smartphone, no internet? PhonePe brings UPI to 220 million feature-phone usersAt the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, intern...15 Sep, 2026, 06.35 PM IST
- Merchant fee on UPI rolling out as transaction floor set at Rs 2,000India has exempted transactions up to ₹2,000 via UPI and RuPay debit cards from charges. This move allows for the reintroduction of merchan...15 Sep, 2026, 05.30 AM IST
- BRICS declaration vows cooperation to dismantle cross-border scam networksBRICS countries on Saturday voiced “serious concern” over organised scam networks, including cross-border fraud operations and scam compoun...12 Sep, 2026, 08.57 PM IST
- GFF 2026: Nitin Gadkari targets barrier-free tolling by February as FASTag cuts wait times by up to 90%India is progressing towards fully digital and barrier-free tolling systems. A multi-lane free flow system will be operational by February....12 Sep, 2026, 07.54 AM IST
- UPI MDR notification likely to be out for businesses soon; banks may pocket bulk of 40 bps feeThe issuing bank would retain 40% of the fee, sources said. Third-party application providers such as PhonePe or Google Pay, and the acquir...11 Sep, 2026, 05.04 PM IST
- GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...11 Sep, 2026, 02.24 PM IST
- Bernstein names Paytm stock as its top pick, lists 3 strong growth drivers for fintech giantBernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings dri...11 Sep, 2026, 12.30 PM IST
- India's BRICS play may have a payment plan with no hard cashIndia is unlikely to back a common BRICS currency at the September 12-13 summit, instead favouring links between national payment systems a...11 Sep, 2026, 11.21 AM IST
- Fintechs must treat data as fiduciary duty, not business asset, says RBI Governor Sanjay MalhotraMumbai fintechs must treat user data as a fiduciary responsibility, not a business asset. RBI governor Sanjay Malhotra stressed trust is ke...11 Sep, 2026, 01.16 AM IST
- UPI still has 'lot of scope' to grow, rural and offline access key challenges: NPCI CTOUPI has significant room for growth, especially in rural areas. Developing offline payment solutions remains a key challenge for the platfo...09 Sep, 2026, 06.04 PM IST
- Paytm bets on workplace AI agents in pivot beyond paymentsIn an exciting new venture, Paytm is venturing beyond its established digital payments realm to launch Pi, an innovative service offering a...09 Sep, 2026, 02.40 PM IST
- RNFI Services gets RBI in-principle nod to operate as payment aggregatorRNFI Services has received in-principle RBI authorisation to operate as a Payment Aggregator-Physical (PA-P), allowing it to expand into of...07 Sep, 2026, 07.07 PM IST
Load More
