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PAYMENT MECHANISM
India ramps up preparedness for European Union's carbon tax; verifiers begin EU registry accessIndia is taking proactive steps by establishing a committee dedicated to assisting exporters in fulfilling the EU carbon tax requirements. ...15 Sep, 2026, 10.14 PM IST- NPCI unveils UPI MDR; Meta's new child safety measuresThe NPCI has finalised the long-awaited MDR framework for UPI transactions, paving the way for changes to the payments ecosystem. This and ...15 Sep, 2026, 08.34 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
- 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
- Fix the delay in family pension for widows, says central government pensioners' body; seeks 6 months’ provisional paymentBharat Pensioner Samaj has urged for the introduction of provisional family pensions for grieving spouses. This measure aims to alleviate f...14 Sep, 2026, 06.22 PM IST
- BRICS urges IMF, World Bank reforms, condemns unilateral tariffs, secondary sanctionsBRICS leaders adopted the New Delhi Declaration, expressing serious concerns over unilateral trade measures. They called for the eliminatio...12 Sep, 2026, 10.17 PM 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
- De-dollarisation: BRICS takes a measured route, focuses on payments and not on common currencyThere is no mention of a common BRICS currency or a formal call for replacement of the US dollar. Instead, the document sticks to the more ...12 Sep, 2026, 01.06 PM IST
- Demat 2.0 will bring instant bond settlement closer, trading after regulation and market readiness: NSDL MDDemat 2.0 can allow investors to receive tokenised bonds instantly against payments made through the central bank digital currency (CBDC), ...11 Sep, 2026, 10.34 PM IST
- India, Russia explore digital currency payments for trade in cross-border breakthroughIndia and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...11 Sep, 2026, 05.27 PM IST
- BRICS finance chiefs urge reform of global development financial institutionsBRICS finance ministers and central bank governors are calling for essential reforms within global institutions, with an aim to amplify the...11 Sep, 2026, 05.15 PM IST
- BRICS finance ministers discuss possibility of efficient cross-border payment mechanismsBRICS finance ministers and central bank governors are exploring faster and cheaper cross-border payment systems, including greater use of ...11 Sep, 2026, 03.44 PM IST
- GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...11 Sep, 2026, 02.24 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
- UPI can do more tricks among BRICSIndia is championing the integration of the Unified Payments Interface (UPI) for cross-border digital transactions within BRICS countries. ...09 Sep, 2026, 10.54 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
- Indians can use crypto to buy groceries, fuel and gold through overseas gift-card platformsIndians can use cryptocurrencies to buy goods and services domestically through overseas fintech platforms that convert stablecoins and oth...08 Sep, 2026, 04.26 PM IST
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