According to the report, India's quick commerce sector is witnessing consolidation, with net order value (NOV) growth for leading platforms...

According to an Emkay report, India's quick commerce sector is projected to accelerate NOV growth to 21.6 percent in Q2FY27. Food delivery ...

The industry has scope to increase soundbox deployments from about two crore to five crore over time, a top official at the National Paymen...

Industry representatives say merchant size, margins, and the nature of goods should determine the merchant discount rate (MDR), while finte...

The GST Council will assess various procedural reforms aimed at simplifying tax compliance for businesses. Proposed measures include enabli...

This is against UPI volume 114 billion in during the April-September quarter of the previous financial year, according to data released by ...

NPCI, which manages UPI, has brought in a merchant discount rate of 0.4% on certain person-to-merchant UPI payments above Rs 2,000.

Starting from October 15, 2026, a new 0.4% transaction fee will be applied to UPI payments exceeding Rs 2,000, while lower amounts and peer...

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 ...

In an effort to shield consumers from additional Merchant Discount Rate (MDR) charges, the finance ministry is set to consult with the Indi...

Unified Payments Interface (UPI) enables convenient investment in mutual funds through instant payments and SIPs. Investors appreciate UPI ...

Petrol pump UPI payments: Petrol pump dealers in Madhya Pradesh and Punjab will stop accepting UPI payments above Rs 2,000 from October 16,...

Under the framework effective October 15, regular merchant payments above Rs 2,000 will attract a 0.4% merchant discount rate (MDR), capped...

The association urged the government to address the implications of calculating the merchant discount rate on gross payments and resulting ...

UPI payments to merchants above two thousand rupees will attract a zero point four percent merchant discount rate. Merchants will pay eight...