Jio celebrates its decade-long journey of connectivity in India with a new offer for JioBharat phones. The Anniversary Offer aims to facili...

IndiGo has appointed Gaurav Hazrati as the new head of its loyalty program, BluChip. In this pivotal role, he will aim to enhance growth an...

Apple Pay has finally launched in India, more than a decade after its US debut. The service is initially available on iPhone, iPad and Appl...

The Supreme Court has declined to grant an interim stay on the government’s new merchant discount rate policy. This policy imposes a 0.4% c...

Mobile phone retailers across India will observe October 2 as 'No UPI Day' to protest UPI charges. The All India Mobile Retailers Associati...

Talking to PTI, Sitharaman said the decision was completely professional, and it was taken jointly by the National Payments Corporation of ...

Finance Minister Nirmala Sitharaman confirmed that the Merchant Discount Rate on UPI payments above Rs 2,000 will not be passed to consumer...

National Payments Corporation of India plans to introduce a 0.4% merchant discount rate for UPI transactions. This could help recover about...

The concerns of fuel retailers centre on the impact of MDR on an industry where margins are relatively low, those cited above said. The gov...

Gold may have pushed silver into the spotlight, but the shift is not just about price. Younger Indians, in particular, are looking at silve...

In an ambitious move to bolster India's digital payment landscape, PhonePe is set to hire more than 20,000 sales professionals aimed at exp...

Government may end UPI subsidies for small transactions as merchant fees are introduced. Taxpayer-funded incentives for UPI and RuPay trans...

DBS Bank India is enhancing its support for SMEs with the launch of its new Collections Orchestration platform, aiming to streamline paymen...

A shift from corridor-led expansion to customer-centric design forms the core principle needed to drive the next stage of India's cross-bor...

NPCI will introduce a dedicated fund from MDR proceeds for small merchants. This fund aims to expand digital payment infrastructure in smal...

Digital payment charges are necessary for service efficiency and wider reach. Person-to-person and small transactions remain free from new ...

Effective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...