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UPI MANDATES AT NPCI PORTAL
Exclusive: Govt may bring back UPI merchant fee for big businessesIndia may reintroduce merchant discount rates for large businesses on UPI transactions. This move aims to address the financial sustainabil...- MDR on UPI on the cards; Emergent enters unicorn clubThe government is mulling restoring MDR on UPI transactions for large merchants. This and more in today’s ETtech Morning Dispatch.
- Bombay HC seeks Centre's reply on Kunal Kamra's challenge to Sahyog PortalThe Bombay High Court ordered the Union government to file its affidavit. This response is for Kunal Kamra's petition challenging the Sahyo...
- Exclusive: UPI merchant fee likely to be set at 5-7 basis points: sourcesThe move would mark a significant shift in India’s digital payments policy, six years after the government made UPI and RuPay debit card tr...
- UPI fees explained: Why the government plans to revive MDR and who will payThe central government is considering reintroducing a merchant discount rate on UPI transactions. This levy would apply only to large merch...
- UPI credit line explained: How to pay now, settle later without a credit card
- ETtech in-depth: Pay Rs 99 via UPI, get access to Telegram’s privacy abuse economyTelegram has long been known as a place where pirated films, books, newspaper PDFs, exam material and banned content resurface quickly afte...
- DPCC rolls out Dust Portal 2.0 to tighten monitoring of construction-related pollutionNew Delhi construction projects must now submit compliance reports and install air quality sensors. The upgraded Dust Portal 2.0 requires l...
- Biometric UPI transactions top 600 million in June, says NPCIBiometric UPI transactions surpassed 600 million in June, indicating strong user preference. This secure authentication method reduces reli...
- HSBC pulls back from risky credit after bankruptcy scare, FT reportsHSBC is reportedly scaling back its involvement in riskier private credit deals, according to the Financial Times. This strategic shift ind...
- NPCI's Dilip Asbe joins Swift's global supervisory boardDilip Asbe, CEO of NPCI, has joined Swift's global supervisory board, a significant step for India's payment ambitions. This appointment, p...
- Rs 299 auto-debit you never signed up for? How that free 7-day trial can lead to UPI mandate for recurring debit - how to track these and revoke if neededOn the Google Play community page, a user recently shared a similar experience. They said, “I took a Rs 1 trial on Moj app, but Rs 699 was ...
- Centre asks Meta to pause WhatsApp username rollout; seeks reply in three daysIt has directed Meta to furnish a detailed explanation of the feature within three days. The company has been asked not to roll out the fea...
- UPI volume eases 2.1% in June to 22.72 billion from May peakUPI processed 22.72 billion transactions in June, a slight dip from May's record, but daily averages hit an all-time high. Despite fewer da...
- WhatsApp usernames face heat; Byju’s inventory in limboIndia is weighing legal guardrails for WhatsApp usernames amid fresh fraud fears. This and more in today’s ETtech Top 5.
- NPCI partners with HSBC India to enable real-time FX settlement for global UPI paymentsExciting news for Indian travelers! A groundbreaking partnership between NPCI and HSBC India is set to streamline international UPI payment...
- UPI transactions moderate to Rs 28.9 lakh crore in June, up 20% YoYUnified Payments Interface (UPI) transactions saw a slight dip in June, reaching Rs 28.9 lakh crore, down from May's record high. Despite t...
- NPCI partners with HSBC India & JP Morgan Payments to enable real-time FX settlement for international UPI paymentsIndia's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Pa...
- Kunal Shah heads to Meta; New-age IPO playbookHappy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtec...
- NPCI plans to enable unified e-mandate tracking for all UPI appsThe National Payments Corporation of India is set to unify UPI e-mandate management for all third-party apps, allowing users to view subscr...
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