The MSME ministry is set to announce new regulations for small businesses next month. These amendments focus on improving invoice financing...

Happy Wednesday! Venture capital firm Accel has raised its ninth India fund. This and more in today’s ETtech Morning Dispatch.

PayU India CEO Anirban Mukherjee said the fee should not depend on whether a payment is made online or at a store. Reaching physical mercha...

Exporters will no longer need to present physical duty payment challans for EODC applications. The integration of authenticated payment dat...

The government of West Bengal is currently in talks with the Tata group regarding new investments. These discussions revolve around expandi...

PhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a...

PhonePe and Razorpay leaders affirmed UPI payments will stay free for consumers. They support sustainable revenue models for payment infras...

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed five strategic Memoranda of Understanding (MoUs) with indust...

SBI chairman CS Setty said banks cannot separately quantify the operating costs linked to rising UPI volumes. As debate over merchant charg...

The Lok Sabha approved amendments to the Payment and Settlement Systems Act. This change empowers the government to permit charges on digit...

The Payments Council of India clarified UPI transactions will remain free for consumers. Small merchants, including kirana stores, will als...

Government proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI transactions...

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and not on the end u...

Mastercard sees India's UPI as a complementary platform for digital payments. This homegrown system has significantly expanded the country'...

The UPI race has so far centred on acquiring consumers and monetising them by cross-selling loans, insurance and investments, as there has ...

India has laid the legal groundwork to reintroduce merchant fees on UPI payments through proposed amendments to the Payment and Settlement ...

ET was the first to report on July 16 that the government could reintroduce MDR on UPI transactions for large merchants. This has been an i...