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DIGITAL PAYMENTS BHUTAN INDIA
India, Bhutan sign Rs 4,000 crore Line of Credit for energy projects during Jaishankar visitIndia and Bhutan welcomed the signing of an agreement on a concessional Line of Credit of INR 4,000 crore for energy projects in Bhutan dur...
India committed to Bhutan's growth: EAM JaishankarIndia's External Affairs Minister Jaishankar launched development projects during his Bhutan visit. He handed over Jersey cows for Bhutan's...
- MDR on UPI not imposed due to external pressure, say govt sources
Officials clarified that there is no separate GST levied on MDR charges. While GST will apply to MDR on UPI transactions, businesses will b...
BharatPe backs new UPI MDR framework; distances itself from Ashneer Grover's remarksClarifying that Grover's remarks do not reflect the company's stance, BharatPe said his views were made strictly in an individual capacity.
India firmly committed to Bhutan's progress: EAM JaishankarIndia's External Affairs Minister S Jaishankar met Bhutan's Prime Minister Tshering Tobgay in Thimphu. He conveyed warm greetings from Prim...
Return of MDR a key step towards making UPI sustainable and enabling further growth: ExpertsEffective 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...
Explainer -- India's UPI MDR shake-up: What changes and why it mattersIndia will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with mer...
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 ...
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,...
UPI fee: Why govt is putting a price on big merchant paymentsThe National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...
UPI charge is just tax collection: Ashneer Grover calls out government wanting to charge on payments above Rs 2,000 while banks are making crores in profitsBharatPe co-founder Ashneer Grover has questioned the rationale for introducing charges on certain UPI merchant transactions above Rs 2,000...
EAM Jaishankar to visit Bhutan on Sept 16-17; hold talks with counterpart DhungyelExternal Affairs Minister S Jaishankar will visit Bhutan from September 16-17. He will hold bilateral talks with Bhutan's Foreign Minister ...
In hydropowered Bhutan, solar starts to riseBhutan is expanding solar power capacity to meet rising electricity demand. Hydropower faces challenges from low winter river flows and cli...
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...
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...
AI-led payments will need strong risk checks as trust remains critical: Amazon Pay India CEOAs artificial intelligence increasingly makes digital payments more contextual and automated, strong risk checks will remain critical to ma...
Russia will discuss digital currencies payments with BRICS+ partners at India summitRussia will discuss digital currency trade settlements with BRICS+ partners this week. President Vladimir Putin will attend the BRICS+ summ...
India plans AI registry as it looks to roll out agentic payments, sources sayThe landscape of digital finance is evolving as India's payments authority creates a registry specifically for AI agents. This registry aim...
India seeks payment-system links in every FTA, Commerce Secy says: ReportIndia aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...
Dutch fintech Adyen sees long-term India opportunity, plans local expansionWith plans for a substantial expansion in India's digital payments sector, Adyen is actively recruiting more staff to address surging deman...