Finance Ministry rejects foreign influence claims over UPI MDR, says India's digital payments decisions are made independentlyIndia's finance ministry rejected claims of foreign pressure influencing UPI transaction charges. A 0.4% Merchant Discount Rate will apply ...
16 Sep, 2026, 06.48 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...
16 Sep, 2026, 06.37 PM IST
RBI backs MDR on large-value UPI transactions, says could help expand UPI acceptanceThe Reserve Bank of India supports Merchant Discount Rate on large UPI transactions. This move aims to ensure the long-term sustainability ...
16 Sep, 2026, 06.35 PM IST
Why In-Solutions Global believes trust and compliance will define the agentic commerce eraAI-driven agentic commerce is set to revolutionize payment processes, emphasizing trust and compliance. As consumers gain enhanced autonomy...
16 Sep, 2026, 05.40 PM IST
From UPI to cash? Retailers warn new MDR could hit small merchants ahead of festive seasonRetailers Association of India warns new UPI fees could reverse digital payment gains. Small merchants may shift transactions back to cash,...
16 Sep, 2026, 05.25 PM IST
UPI MDR a welcome move, will help support infra for growing digital payments: Mohandas PaiThe central government's decision regarding MDR and UPI is a welcome move that will help fund the infrastructure needed to support rapidly ...
16 Sep, 2026, 05.23 PM IST
MDR on UPI does not make sense for broking and investment payments, say Nithin Kamath and Deepak ShenoyThe NPCI has unveiled a new merchant discount rate that introduces a 0.4% fee for UPI person-to-merchant transactions exceeding Rs 2000. Th...
16 Sep, 2026, 01.17 PM IST
Paytm wins, but ATM also wins! Why CMS Info Systems shares jumped 7% on UPI MDRCMS Info Systems shares rose on Wednesday after the government announced MDR on select UPI transactions above Rs 2,000, making the company ...
16 Sep, 2026, 10.58 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
PhonePe and Visa partner to bring borderless, cardless payments to Indian consumers and merchantsAnnounced at Global Fintech Fest 2026, the partnership positions PhonePe as India’s first app to offer a unified suite of Visa-powered card...
15 Sep, 2026, 08.50 PM IST
UPI Charges Explained: Will you pay a fee for Rs 2,000+ UPI payments? Government clarifies what users need to knowUPI Payment Charges Rules: Ordinary UPI users will not pay transaction fees for payments above Rs 2,000. Person-to-person UPI transactions ...
15 Sep, 2026, 08.43 PM IST
The next phase of India’s digital payments dominance: Trusted AI-led agentic commerce, Visa’s Sethi saysIndia’s digital payments ecosystem is a “showcase for the world”. The infrastructure is ready to take the next leap: agentic commerce, wher...
15 Sep, 2026, 11.47 AM 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
Centralised interoperable digital layer can help bridge Rs 60 lakh crore MSME credit gap: ReportIndia's MSME sector faces a significant formal credit gap, with existing channels meeting limited debt demand. A new digital layer can conn...
11 Sep, 2026, 12.23 PM IST
NPCI working on protocols to authorise AI agents on UPI, says chairman Ajay Kumar ChoudharyIndia's NPCI is examining protocols for AI agent identification within the UPI ecosystem. This move aims to enable autonomous payments on t...
10 Sep, 2026, 03.40 PM 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
Global Fintech Fest: How Adyen powers payments for global ambition and expansionThe payments ecosystem in India is moving beyond just digitisation, and towards infrastructure that can operate seamlessly across borders, ...
07 Sep, 2026, 11.18 AM IST