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UPI INCENTIVE ALLOCATION
India's new GDP series: GST, corporate data drive new methodologyIndia's revamped GDP calculation incorporates extensive corporate filings and GST data, as revealed by the statistics ministry. This update...- Das Kapital formation: Bengal needs clear intent to build industry, not shallow politicsWest Bengal debates industrial land assembly mechanisms like acquisition and land pooling. Attracting capital requires institutional credib...
- UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to knowUPI Payment: UPI transactions of up to Rs 2,000 will continue to be free for users. A new Merchant Discount Rate (MDR) will be introduced f...
- Attempt to divert attention from backlash over UPI tax: Congress on govt's Parl panel claimsCongress denies supporting a parliamentary committee's report on UPI payment fees. The party accuses the government of diversion after a si...
- UPI fee: Why govt is putting a price on big merchant paymentsThe National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...
- UPI MDR bonanza: Why Paytm may win bigger, but Pine Labs could gain fasterPaytm and Pine Labs stand to benefit from the new UPI MDR framework, but the impact could differ sharply. Paytm has a larger absolute reven...
- NPCI announces MDR for UPI; merchant transactions above Rs 2,000 to attract 0.4% chargeWhile NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...
- Manufacture in India, build for the world: Sitharaman urges global investorsIn a strategic appeal, Finance Minister Nirmala Sitharaman encouraged global investors to set up manufacturing and innovation centers in In...
- Parliamentary panel seeks penalties for banks hosting multiple mule accountsA parliamentary committee suggests penalizing banks for mule accounts and KYC lapses. It also highlighted delays in merchant discount rates...
- Infra.Market’s backdoor listing; Honasa posts record profitInfra.Market is set to enter the public markets through a reverse merger with Shalimar Paints. This and more in today's ETtech Top 5.
- UPI costs Rs 20,700 crore, government allocation just Rs 2,000 crore: Parliament PanelA parliamentary committee suggests a self-reliant revenue model for UPI's financial sustainability. Amendments to the Payment and Settlemen...
- UPI apps could chase big-ticket transactions as MDR return loomsThe UPI race has so far centred on acquiring consumers and monetising them by cross-selling loans, insurance and investments, as there has ...
- 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: 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...
- 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...
- 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 ...
- 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...
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