West Bengal government informed the Supreme Court that Sumit Roy is not cooperating with the probe. The court had previously stayed Roy's a...

Navi reported a notable increase in net losses for FY26, largely attributed to its strategic investments in UPI and new market initiatives....

Vijay Shekhar Sharma, the founder of Paytm, has set an ambitious target of generating one billion dollars in free cash flow. He envisions t...

A parliamentary committee suggests penalizing banks for mule accounts and KYC lapses. It also highlighted delays in merchant discount rates...

A parliamentary committee suggests a self-reliant revenue model for UPI's financial sustainability. Amendments to the Payment and Settlemen...

Paytm management has received a Sebi show-cause notice over the timing and classification of information disclosed in a December 2023 corpo...

PayU India CEO Anirban Mukherjee said the fee should not depend on whether a payment is made online or at a store. Reaching physical mercha...

Consumers will not face any charges for UPI payments. Most merchant transactions will also remain free of cost. Any future charges will app...

The finance ministry said any future MDR on UPI will be nominal and limited to merchant transactions above a specified threshold, while con...

PhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a...

The Lok Sabha approved amendments to the Payment and Settlement Systems Act. This change empowers the government to permit charges on digit...

PCI said small merchants, including kirana stores, should not be charged for accepting UPI payments. Any merchant service charge would be a...

Central bank governor Sanjay Malhotra stated it is premature to discuss UPI transaction charges. Discussions are ongoing regarding the paym...

Finance Minister Nirmala Sitharaman clarified merchant discount rates will not affect customers. She stated that merchants will bear any ch...

A debate erupted over removing UPI's zero merchant discount rate guarantee. Finance Minister Nirmala Sitharaman stated any charges would af...

A groundbreaking bill has been introduced that permits merchant discount rates on UPI transactions. This innovative change aims to enhance ...

The UPI race has so far centred on acquiring consumers and monetising them by cross-selling loans, insurance and investments, as there has ...