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UPI INCENTIVE ALLOCATION
NRI Talk| For a Rs 50 crore NRI portfolio, structure matters as much as stock selection: Tarun BiraniNRIs view India with cautious optimism, recognizing its long-term growth potential despite recent market flatness and rupee depreciation. D...
UPI, RuPay subsidy shrinks to Rs 8,000 crore over four yearsThe digital payments industry has received about Rs 8,000 crore in subsidy payments over four years for UPI and RuPay debit card payments, ...
RBI to find ways to make UPI sustainable, improve infrastructure: Sanjay MalhotraThe Reserve Bank of India is dedicated to the long-term viability of the Unified Payments Interface (UPI), as articulated by Governor Sanja...
Budget 2026: Govt earmarks Rs 2,000 crore subsidy for UPI payments, industry calls it insufficientLast year, the government paid Rs 2,196 crore by way of this subsidy, which is offered to banks for processing UPI and RuPay debit card pay...
Union Budget 2026: Paytm shares surge 9%. Here’s what’s driving the rallyPaytm shares jumped sharply after Budget 2026 announced a significantly higher incentive allocation for UPI and RuPay, boosting sentiment a...
India's UPI miracle has a money problem; can Budget 2026 fix it?Union Budget News: India's UPI digital payment system faces a crucial decision ahead of Budget 2026. While UPI has revolutionized transacti...
Budget 2026: Payment facilitators may push for UPI subsidy hikeAs the government prepares for its next budget, payment system operators are calling for a decisive increase in subsidies for UPI merchant ...
Subsidy outlay of Rs 437 crore for UPI, RuPay transactions may be revised upward: SBI economistsSBI economists say the Rs 437 crore subsidy for UPI and RuPay in FY26 may be increased, as UPI participants face costs up to Rs 5,000 crore...
UPI has a cost, someone must bear it: RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra clarified that while UPI is free for users, it incurs costs that someone must bear, emphasizing sustainability...
Subsidy on small-value UPI payments cut, banks look for ways to offset costIf India’s “free UPI” policy was already pinching banks, the government’s latest move has turned the screw further. A fresh cut in incentiv...
Paytm shares fall 10%: What is MDR and why fintech players want government to introduce it?Paytm shares declined following the Finance Ministry's denial of Merchant Discount Rate (MDR) on UPI transactions. This sparked investor co...
Payments industry body urges PM Modi to introduce MDR on UPI for large merchants & RuPay debit cardsThe payments industry body has requested Prime Minister Narendra Modi to implement a Merchant Discount Rate (MDR) on UPI and RuPay debit ca...
UPI incentive of Rs 1,500 crore 'insufficient' to sustain digital payment ecosystem: Payments Council of IndiaThe Payments Council of India has expressed concerns about the sustainability of the digital payments ecosystem due to the zero MDR policy ...
Paytm stock tumbles 5% after Rs 1,500 cr incentive approval for low-value UPI transactions. Should you invest?Shares of Paytm’s parent company, One97 Communications, fell 5.5% after the Union Cabinet approved a Rs 1,500 crore incentive to promote lo...
A ₹1,500 crore boost for low-value UPI paymentsThe Union Cabinet approved ₹1,500 crore allocation to promote low-value UPI transactions, offering 0.15% incentives for transactions up to ...
To ease financial squeeze, fintechs mull seeking MDR restoration or higher subsidyThis comes in the background of the government allocating Rs 1,500 crore towards payment subsidy, while the industry was looking for Rs 5,5...
Banks, fintechs await UPI subsidy payouts amid cuts in total outlayBanks and fintech firms are awaiting subsidy payments from the government for promoting digital payments. Despite applications being filed,...
Payment firms in a fix as UPI, RuPay incentives dry upIndustry is hopeful that eventually this will be scaled up, and a higher sum of money will be disbursed to banks which will eventually be p...
Govt notifies incentives for promoting PoS, e-commerce transactions using Rupay, BHIM"This incentive scheme will promote digital payments by incentivising banks to build a robust digital payments ecosystem and to promote RuP...
Government may give Bhim App users cashback bonanza on Independence DayNPCI MD & CEO A P Hota told TOI the proposed approval of increased cashback incentives by the government for Bhim usage is expected to come...