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PAYMENT INFRASTRUCTURE
UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to knowUPI Payment: UPI transactions up to Rs 2,000 will remain free for all users. A new Merchant Discount Rate (MDR) will apply to specified mer...15 Sep, 2026, 10.16 PM IST- UPI Charges Explained: Will you pay a fee for Rs 2,000+ UPI payments? Government clarifies what users need to knowUPI Payment Charges Rules: Ordinary UPI users will not pay transaction fees for payments above Rs 2,000. Person-to-person UPI transactions ...15 Sep, 2026, 08.43 PM 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 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...15 Sep, 2026, 07.34 PM IST
- No smartphone, no internet? PhonePe brings UPI to 220 million feature-phone usersAt the Global Fintech Fest 2026 in Mumbai, PhonePe announced UPI 123Pay support for its app on feature phones, taking the SMS-based, intern...15 Sep, 2026, 06.35 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
- Paytm shares drop 3% after govt shields UPI payments only up to Rs 2,000 from charges. Should you buy the dip?Paytm shares fell after the government directed banks and payment providers not to charge for UPI transactions up to Rs 2,000, raising unce...15 Sep, 2026, 12.07 PM IST
- The next phase of India’s digital payments dominance: Trusted AI-led agentic commerce, Visa’s Sethi saysIndia’s digital payments ecosystem is a “showcase for the world”. The infrastructure is ready to take the next leap: agentic commerce, wher...15 Sep, 2026, 11.47 AM IST
- Global Market: Samsung, SK Hynix reject $18.7 billion upfront power payment proposalSamsung Electronics and SK Hynix have rejected KEPCO’s proposal for a 25 trillion won upfront payment to fund electricity infrastructure fo...14 Sep, 2026, 11.58 AM IST
- BRICS leaders push faster, cheaper cross-border payments, deeper use of local currenciesBRICS leaders are calling for faster and cheaper cross-border payments among member nations. They also support greater interoperability bet...12 Sep, 2026, 05.52 PM IST
- AI-led payments will need strong risk checks as trust remains critical: Amazon Pay India CEOAs artificial intelligence increasingly makes digital payments more contextual and automated, strong risk checks will remain critical to ma...11 Sep, 2026, 05.20 PM 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
- NPCI working on protocols to authorise AI agents on UPI, says chairman Ajay Kumar ChoudharyIndia's NPCI is examining protocols for AI agent identification within the UPI ecosystem. This move aims to enable autonomous payments on t...10 Sep, 2026, 03.40 PM IST
- India seeks payment-system links in every FTA, Commerce Secy says: ReportIndia aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...09 Sep, 2026, 09.21 PM IST
- Russia–India payment infrastructure fully ready for settlements in national currencies: Sberbank India CEOSberbank India's CEO Ivan Nosov has announced that the infrastructure for national currency settlements is now operational. Several key cha...09 Sep, 2026, 08.37 PM IST
- RNFI Services gets RBI in-principle nod to operate as payment aggregatorRNFI Services has received in-principle RBI authorisation to operate as a Payment Aggregator-Physical (PA-P), allowing it to expand into of...07 Sep, 2026, 07.07 PM IST
- Global Fintech Fest: How Adyen powers payments for global ambition and expansionThe payments ecosystem in India is moving beyond just digitisation, and towards infrastructure that can operate seamlessly across borders, ...07 Sep, 2026, 11.18 AM IST
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