Qatar launches new UPI route to send money to IndiaQatar Post, in partnership with India Post, has launched PosTransfer, a new remittance service aimed at simplifying money transfers. This s...
17 Aug, 2026, 05.08 PM IST
Airtel Payments Bank names Shabnam Sinha as chairperson, succeeding Sunil MittalShabnam Sinha will become Airtel Payments Bank chairperson from October 1, 2026. She succeeds Sunil Bharti Mittal, who steps down after ser...
17 Aug, 2026, 04.51 PM IST
Govt launches two modules to digitise PMGSY processThe modules are electronic measurement book (e-MB) and electronic billing (e-billing), replacing the paper-based measurement and billing sy...
17 Aug, 2026, 01.00 AM IST
The next frontier in finance is not a bank. It is the machinery beneath itThe financial services landscape is evolving, emphasizing the importance of software and data infrastructures. In India, digital payments a...
17 Aug, 2026, 12.48 AM IST
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
Parliamentary panel seeks penalties for banks hosting multiple mule accountsA parliamentary committee suggests penalizing banks for mule accounts and KYC lapses. It also highlighted delays in merchant discount rates...
14 Aug, 2026, 07.24 AM IST
UPI fee should vary by merchant size and sector: PayU India CEOPayU India CEO Anirban Mukherjee said the fee should not depend on whether a payment is made online or at a store. Reaching physical mercha...
11 Aug, 2026, 10.08 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
In financial services, trust comes before speed; AI doesn't replace itIndia is a compelling place to test that idea, because India has been quietly building something transformative. Only a decade ago, shopkee...
11 Aug, 2026, 01.51 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
Parliament clears taxation bill, Sitharaman says UPI transactions to remain freeParliament has passed the Taxation and other Laws (Amendment) Bill. Finance Minister Nirmala Sitharaman confirmed UPI will remain free for ...
10 Aug, 2026, 05.53 PM IST
PhonePe, Razorpay back selective UPI charges for large merchantsPhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a...
09 Aug, 2026, 12.13 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 to remain free for consumers, says Payments Council of IndiaThe Payments Council of India clarified UPI transactions will remain free for consumers. Small merchants, including kirana stores, will als...
08 Aug, 2026, 12.11 PM IST
Withdrawal of zero MDR may jeopardise one of India’s most successful public policy innovationsThe Payment and Settlement Systems Amendment Bill has revived debate over MDR on UPI. While charges could support banks and fintech firms, ...
07 Aug, 2026, 11.16 PM IST
Mastercard says UPI complements digital payments ecosystem, not a competitorMastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country'...
06 Aug, 2026, 04.18 PM IST
UPI no challenge to Mastercard, has expanded digital payments: ExecMastercard India head Gautam Aggarwal sees UPI as a complementary system. UPI has educated consumers and expanded the digital payments mark...
06 Aug, 2026, 03.13 PM IST