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FAILED DIGITAL PAYMENTS COMPENSATION
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 ...
- GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms: Industry chambers are calling for reforms to GST 2.0 during the upcoming GST Council meeting. They seek improvements in in...
- Government to review fixed costs for urea plants, subsidy payouts may changeIn response to rising production costs, the government is launching a sub-committee to assess fixed-cost payments for urea producers. This ...
- Power ministry issues compensation guidelines for transmission line right of wayNew guidelines issued by the power ministry will help establish compensation for landowners affected by interstate transmission lines. Stat...
- 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...
- India to widen services production index to include education, health and defenceThe statistics ministry plans to expand the monthly Index of Services Production to cover education, healthcare, public administration and ...
- 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...
- Polish regulator suspects Google abused dominant position in publisher payment talksThe Office of Competition and Consumer Protection, known by its Polish abbreviation UOKiK, said the charges relate to how Google negotiates...
- AI cloning opens new monetisation route for celebrities, creatorsArtificial intelligence is transforming the monetization landscape for film stars, cricketers, and digital creators. Licensing AI-generated...
- 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...
- Couple invited for free holiday, movie tickets & salon voucher, persuaded to buy Rs 65,000 membership instead; court orders Rs 1.06 lakh, plus 9% annual interest on refundA Delhi couple who alleged they were lured into buying a holiday membership after being promised free hotel stays and other benefits has se...
- Bengaluru homebuyers paid Rs 1.15 crore, waited over 20 years without possession; builder ordered to pay Rs 1.51 crore including full refund with 9% interestBuyers of a stalled Bengaluru housing project moved the National Consumer Disputes Redressal Commission after waiting more than two decades...
- Man books retiring room through IRCTC by paying Rs 333 for western bathroom, ends up with Indian toilet in the room; court orders Rs 20,000 compensationChandigarh State Consumer Commission increased the compensation for a senior citizen after inadequate toilet facilities were provided. The ...
- Filter problem left a new Rs 11,490 purifier unusable within 4 months, Eureka Forbes denied warranty saying it was not covered, ordered to pay Rs 19,490A Thiruvananthapuram consumer commission ordered Eureka Forbes to pay Rs 19,490 to a customer after his Rs 11,490 water purifier broke down...
- 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 ...
- Railway passengers looted at gunpoint for 75 minutes on train, TTE and coach attendant were missing; NCDRC orders Rs 20,000 compensationIn what can be termed as a shocking theft, armed robbers boarded train number 5610 in 2004 and looted for about 1 hour 15 minutes then pull...
- 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...
- Redefining global finance: Emergence of alternative payment infrastructureChairman of PSB Bank Petr Fradkov, in an interview with RBC, discusses what is happening in one of the most closed sectors of the economy, ...
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