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DIGITAL PAYMENTS INDIA
Compensation of Rs 100 to Rs 5,000 per day for delay by bank in processing your request in these 5 situationsFrom stuck credit card closure requests to lost property papers, RBI rules require banks to pay you for every day they're late. A customer ...- Keep UPI free, govt should withdraw proposed charges: GTRIThe Global Trade Research Initiative has urged the government to withdraw the proposed UPI charges set for October 15. Introducing fees on ...
- PM Modi urges global telecom industry to build system to stop cyber fraud before it reaches usersPrime Minister Narendra Modi emphasized the need for a global effort against cross-border cybercrime during the India Mobile Congress. He a...
- Beyond the first export: How India’s SMBs can build lasting global businessesIndia’s exports hit a record in 2025-26, and SMBs account for nearly half of them. But as trade deals widen market access, Payoneer leaders...
- Why India could become a global hub for responsible digital assets innovationIndia could emerge as a global hub for responsible digital asset innovation by combining its strong technology talent, blockchain expertise...
- UPI MDR spurs soundbox expansion beyond metrosThe industry has scope to increase soundbox deployments from about two crore to five crore over time, a top official at the National Paymen...
- From 95% imports to Rs 6.27 lakh crore in smartphone output: Jyotiraditya Scindia on India's mobile manufacturing growthIndia's mobile phone manufacturing sector has grown from two companies to 300 over the last 12 years. The country now produces smartphones ...
- UPI MDR: 0.4% charge raises questions over MSME margins, cash flows and digital creditIndustry representatives say merchant size, margins, and the nature of goods should determine the merchant discount rate (MDR), while finte...
- UPI volume rises 27% to touch 145 billion in first half of FY27This is against UPI volume 114 billion in during the April-September quarter of the previous financial year, according to data released by ...
- Bank holiday on October 2, 2026: Are banks open or closed today on Gandhi Jayanti?On October 2, 2026, India will observe Gandhi Jayanti as a national holiday, affecting all banks. Public and private sector banks will be c...
- Beyond scale: India’s payments leaders to map the future for UPI, do you have your ‘two cents’ to share?India has recorded unparalleled growth in the UPI ecosystem, in terms of penetration and scale. The question now is, what is next? At this ...
- 10 years of Jio: Special JioBharat offer brings 4G upgrade at an affordable priceJio celebrates its decade-long journey of connectivity in India with a new offer for JioBharat phones. The Anniversary Offer aims to facili...
- Claude, New Yorker, Bandcamp: RBI rules leave international card payments in grey areaNew regulations from the Reserve Bank of India will mandate reporting of international credit card transactions starting October 1. Consume...
- AIMRA announces nationwide 'No UPI Day' on October 2 to protest against proposed MDR for UPI transactionsAIMRA is organizing a 'No UPI Day' on October 2 to protest against the proposed Merchant Discount Rate. The proposed charges are anticipate...
- Apple Pay vs UPI: Which requires fewer steps to make a payment?Apple Pay has launched in India through a partnership with Axis Bank, giving iPhone users another way to make payments at stores and online.
- Apple Pay comes to India with Axis Bank Visa, Mastercard credit cardsApple Pay has officially launched in India, allowing users to make contactless payments using Axis Bank credit cards. Users can add their V...
- Apple Pay launches in India: iPhone XR and later supported, Apple Pay VP Jennifer Bailey on why nowApple Pay has finally launched in India, more than a decade after its US debut. The service is initially available on iPhone, iPad and Appl...
- Mobile phone retailers to protest against UPI MDR charges on Oct 2Mobile phone retailers across India will observe October 2 as 'No UPI Day' to protest UPI charges. The All India Mobile Retailers Associati...
- UPI fee could recover up to Rs 15,000 crore annually while keeping most transactions freeNational Payments Corporation of India plans to introduce a 0.4% merchant discount rate for UPI transactions. This could help recover about...
- PhonePe to hire 20,000 staff, deploy 50 lakh payment devices in next yearIn an ambitious move to bolster India's digital payment landscape, PhonePe is set to hire more than 20,000 sales professionals aimed at exp...
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