Congress denies supporting a parliamentary committee's report on UPI payment fees. The party accuses the government of diversion after a si...

The National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...

Paytm and Pine Labs stand to benefit from the new UPI MDR framework, but the impact could differ sharply. Paytm has a larger absolute reven...

While NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...

In a strategic appeal, Finance Minister Nirmala Sitharaman encouraged global investors to set up manufacturing and innovation centers in In...

A parliamentary committee suggests penalizing banks for mule accounts and KYC lapses. It also highlighted delays in merchant discount rates...

Infra.Market is set to enter the public markets through a reverse merger with Shalimar Paints. This and more in today's ETtech Top 5.

A parliamentary committee suggests a self-reliant revenue model for UPI's financial sustainability. Amendments to the Payment and Settlemen...

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

The Reserve Bank of India is dedicated to the long-term viability of the Unified Payments Interface (UPI), as articulated by Governor Sanja...

As the government prepares for its next budget, payment system operators are calling for a decisive increase in subsidies for UPI merchant ...

SBI 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...

If 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 declined following the Finance Ministry's denial of Merchant Discount Rate (MDR) on UPI transactions. This sparked investor co...

The Payments Council of India has expressed concerns about the sustainability of the digital payments ecosystem due to the zero MDR policy ...

The Union Cabinet approved ₹1,500 crore allocation to promote low-value UPI transactions, offering 0.15% incentives for transactions up to ...

This comes in the background of the government allocating Rs 1,500 crore towards payment subsidy, while the industry was looking for Rs 5,5...