From UPI to cash? Retailers warn new MDR could hit small merchants ahead of festive seasonRetailers Association of India warns new UPI fees could reverse digital payment gains. Small merchants may shift transactions back to cash,...
16 Sep, 2026, 05.25 PM IST
UPI fee: Why govt is putting a price on big merchant paymentsThe National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...
16 Sep, 2026, 01.22 PM IST
MDR on UPI does not make sense for broking and investment payments, say Nithin Kamath and Deepak ShenoyThe NPCI has unveiled a new merchant discount rate that introduces a 0.4% fee for UPI person-to-merchant transactions exceeding Rs 2000. Th...
16 Sep, 2026, 01.17 PM IST
UPI charge is just tax collection: Ashneer Grover calls out government wanting to charge on payments above Rs 2,000 while banks are making crores in profitsBharatPe co-founder Ashneer Grover has questioned the rationale for introducing charges on certain UPI merchant transactions above Rs 2,000...
16 Sep, 2026, 12.26 PM IST
Paytm wins, but ATM also wins! Why CMS Info Systems shares jumped 7% on UPI MDRCMS Info Systems shares rose on Wednesday after the government announced MDR on select UPI transactions above Rs 2,000, making the company ...
16 Sep, 2026, 10.58 AM IST
EEPC India calls for eliminating non-tariff barriers and smooth payment mechanism among BRICS nationsEEPC India calls on BRICS countries to dismantle non-tariff barriers and streamline payment systems. Such actions could greatly enhance Ind...
16 Sep, 2026, 10.45 AM IST
Mutual funds, stocks UPI payments to attract 0.02% MDR under new NPCI frameworkNew UPI rules will introduce a 0.02% merchant discount rate for capital market transactions. This special rate applies to mutual funds and ...
15 Sep, 2026, 07.45 PM IST
UPI MDR rates likely within a week, October rollout in sightThis comes after a Monday notificationfrom the Department of Financial Services that narrowed the zero-charge mandate for UPI. The earlier ...
15 Sep, 2026, 05.57 PM IST
Paytm will stay profitable even without MDR, government support: Vijay Shekhar SharmaHis comments come as the government moves towards allowing charges on a limited set of UPI transactions. On Monday, the government notified...
15 Sep, 2026, 03.16 PM IST
India consults banks, payment firms on fees for large UPI payments, sources sayIndia's payments authority is discussing charges on large UPI transactions. This follows a recent change in law allowing fees on payments o...
15 Sep, 2026, 02.02 PM IST
Stage being set for levying UPI transaction fee: Cong slams govtCongress criticizes the government's UPI transaction notification. The party claims this move sets a stage for future user fees. This notif...
15 Sep, 2026, 12.42 PM IST
Fintechs high on AI, but yet to let it handle your moneyThe Unified Payments Interface (UPI) processed 24.51 billion transactions worth Rs 29.82 lakh crore in August, according to data from the N...
15 Sep, 2026, 06.00 AM IST
Merchant fee on UPI rolling out as transaction floor set at Rs 2,000India has exempted transactions up to ₹2,000 via UPI and RuPay debit cards from charges. This move allows for the reintroduction of merchan...
15 Sep, 2026, 05.30 AM IST
NPCI reports 12% slump in FY26 net profit to Rs 1,362 croreNPCI generates revenues primarily by operating digital payment infrastructures such as UPI, IMPS (Immediate Payment Service), AePS (Aadhaar...
11 Sep, 2026, 03.31 PM IST
India plans AI registry as it looks to roll out agentic payments, sources sayThe landscape of digital finance is evolving as India's payments authority creates a registry specifically for AI agents. This registry aim...
10 Sep, 2026, 03.23 PM IST
Fintech founders bet that the bot will become the buyerAgentic commerce refers to AI-led shopping where software can search, compare, order, and pay on a user’s behalf. The National Payments Cor...
09 Sep, 2026, 08.58 PM IST
UPI transaction volumes hit record high in August, cross 24.5 billionData released by the National Payments Corporation of India (NPCI) showed transaction volumes rose 3.6% from 23.66 billion in July, while t...
01 Sep, 2026, 06.55 PM IST