India offers 3-part plan to de-escalate Ukraine warIndia has proposed a three-part framework to Russia and Ukraine to help de-escalate the war, focusing on economic and maritime security. Th...
UPI volume, value post strong growth during Diwali as festive spending lights up digital paymentsThis year, November 6, which coincided with Dhanteras, recorded UPI transactions worth Rs 1.37 lakh crore, the second-highest daily transac...
How intelligent commerce is shaping the next frontier of merchant paymentsFor a decade, the task in India’s merchant payments was to get every shop and website to accept digital money. The value, leaders argued, a...
The next problem to solve: When money arrives, what can merchants do in the meantime?At GFF 2026, PRISM founder Ritesh Agarwal and Adyen’s Chief Commercial Officer Roelant Prins discussed why, for merchants such as small hot...
Indian organisations on edge as sites fail to Captcha AI intrudersPersonal AI agents such as Instinct, Muse, Grokbot and OpenClaw have taken over the consumer internet in the US. But last month, major US b...
Grey zone in Indian payment laws: Crypto goes shopping in rupee using QR-linked loopholeUnified payments interface is now being used for buying cryptocurrencies through applications like goat.cash. Consumers can conveniently co...
AvenuesAI Q2 revenue jumps 47% as AI-first fintech transformation gathers momentumAvenuesAI reported a steady set of second-quarter FY27 numbers, with the company continuing to build momentum behind its broader transforma...
MobiKwik shares jump 4% as RBI approves NBFC licence; co targets Rs 5,000 crore loansMobiKwik shares gained on Friday after the RBI granted its subsidiary a licence to operate as an NBFC, enabling the fintech company to ente...
Cashfree opens checkout to AI agents, leaves final say with shoppersCashfree has introduced Checkout for Agents, allowing AI agents to assist with online payments. This feature utilises WebMCP technology to ...
NPCI defends MDR charges in SC, says merchants can't pass on them to customersThe top court on September 28 had sought responses from the Centre and others, including the NPCI, on a petition challenging the decision t...
Shiprocket posts maiden profit on strong core business growthThe company swung to a profit of Rs 60 lakh ($63,487) in the quarter ended September 30, from a loss of Rs 20.29 crore a year ago
UPI MDR proposal: Street vendors may pass on charges to customers or switch to cash, ISB survey findsPayments by street vendors exceeding Rs 2,000 may incur charges under the proposed merchant discount rate framework. Many vendors may switc...
Over half of street vendors may cut UPI acceptance if 0.4% MDR is introduced: ISB studyMore than 67% of street vendors in India currently accept UPI payments for transactions. A proposed 0.4% merchant discount rate could lead ...
OneStack raises Rs 12.5 crore to take cooperative banks deeper into UPI ecosystemOneStack, a fintech provider, secured ₹12.5 crore funding to enhance cooperative bank participation in UPI payments. The funding will help ...
MobiKwik expects MDR on UPI to add Rs 100 crore to payment revenue in FY28On its second-quarter earnings call, the company’s management said the implementation of UPI MDR would improve payment unit economics and c...
2 tankers explode after allegedly hitting naval mines in Strait of Hormuz, Iran claimsIran's Islamic Revolutionary Guard Corps reported that two oil tankers exploded in the Strait of Hormuz after striking naval mines. Both ve...
The next problem to solve: When money arrives, what can merchants do in the meantime?At GFF 2026, PRISM founder Ritesh Agarwal and Adyen’s Chief Commercial Officer Roelant Prins discussed why, for merchants such as small hot...