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UPI transactions above Rs 2,000 to attract 0.4% MDR; check key detailsNPCI will introduce a Merchant Discount Rate on select P2M UPI transactions starting October 15. Merchants will pay 0.4% on transactions ex...- 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 ...
- UPI MDR could unlock Rs 22,000 crore revenue pool by FY28: BernsteinUPI could generate Rs 22,000 crore annually by FY28 through a modest merchant discount rate. Banks might receive Rs 14,000 crore and paymen...
- 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...
- 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...
- Nitin Gadkari says by 2027 all national highway toll plazas will go barrier-free: How new tolling system could boost govt revenue by up to Rs 25,000 crore a yearBy March 2027, national highways are expected to become barrier-free with the wider implementation of FASTag and automatic number plate rec...
- Mid-tier VCs scout deeptech deals; ETSA winner Varaha’s India playHappy Monday! Sector-agnostic mid-tier venture capital investors are recaliberating focus on India's deeptech startups. This and more in to...
- Zomato introduces fee of up to Rs 30 for pay-on-delivery ordersIn a recent update, Zomato has started imposing a convenience charge on cash-on-delivery orders, which will be in addition to its current p...
- Coforge row deepens; MDR on UPI coming soonCoforge’s boardroom brouhaha has taken a new turn days after chairman Om Prakash Bhatt’s resignation. This and more in today’s ETtech Top 5.
- UPI MDR notification likely to be out for businesses soon; banks may pocket bulk of 40 bps feeThe issuing bank would retain 40% of the fee, sources said. Third-party application providers such as PhonePe or Google Pay, and the acquir...
- 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...
- MDR on UPI coming soon; India's new class of robot workersHappy Friday! With a fee on UPI set to come into the picture soon, issuing banks are poised to claim the biggest slice. This and more in to...
- GFF 2026: PayU’s new AI agent store aims to change how SMBs run businessesPayU has launched Agent HQ, an AI agent store for Indian SMBs. This platform allows businesses to deploy AI agents for various operational ...
- Habuild CEO on user loyalty; Flipkart Minutes gets its own appHappy Thursday! Habuild CEO Saurabh Bothra said repeat users are helping the company drive growth. This and more in today’s ETtech Morning ...
- Flipkart's new Minutes app; Anthropic employee sounds alarmFlipkart has launched a standalone app for its quick commerce unit Minutes. This and more in today’s ETtech Top 5.
- Meta launches AI agent Muse that can access other apps to send emails, make paymentsThe company's Muse agent, known internally as Hatch, is the centerpiece of CEO Mark Zuckerberg's plan to supply "personal superintelligence...
- How to choose a safe, regulated forex broker in IndiaWhen choosing an Indian forex broker, it's essential to evaluate their regulatory compliance and account protection measures thoroughly. An...
- PVR INOX executive shown door in April after probe into alleged developer kickbacksA senior PVR INOX executive was asked to leave in April after an internal probe. Allegations suggest kickbacks from developers involved in ...
- Meta removes ads for fraud apps posing as porn after India sounds alarmThe government said ads on Facebook and Instagram operating under names such as "Night Play" and "Kyss" directed users to phishing websit...
- UPI’s market share expands more at debit, credit cards’ expenseUPI now dominates India's digital merchant payments, capturing a significant market share. Credit and debit cards are steadily losing their...
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