UPI volume rises 27% to touch 145 billion in first half of FY27This is against UPI volume 114 billion in during the April-September quarter of the previous financial year, according to data released by ...
02 Oct, 2026, 08.39 PM IST
Apple Pay launches in India with Axis Bank credit cardsApple Pay initially supports Visa and Mastercard credit cards issued by Axis Bank. Other large card issuers, including HDFC Bank, ICICI Ban...
30 Sep, 2026, 10.44 AM IST
₹2,000+ UPI payment charges: SC refuses interim stay on 0.4% MDR, issues notice to govt, RBI, NPCI and othersThe 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...
28 Sep, 2026, 01.14 PM IST
UPI MDR decision completely professional, no external pressure: FM SitharamanTalking to PTI, Sitharaman said the decision was completely professional, and it was taken jointly by the National Payments Corporation of ...
25 Sep, 2026, 02.56 PM IST
SBI expects surplus from new UPI MDR as issuing, acquiring bankState Bank of India will start charging a merchant discount rate on UPI payments exceeding Rs 2,000 from October 15. The bank anticipates g...
23 Sep, 2026, 08.49 PM IST
As SMEs digitise and expand globally, foreign banks have a crucial role to play: DBS Bank India’s Divyesh DalalDBS Bank India is enhancing its support for SMEs with the launch of its new Collections Orchestration platform, aiming to streamline paymen...
23 Sep, 2026, 11.53 AM IST
UPI MDR could cost 47.2 bps with GST for merchantsThe new framework introduces a 0.4% MDR on person-to-merchant UPI transactions above Rs 2,000, capped at Rs 300 on transactions of Rs 75,00...
18 Sep, 2026, 07.55 PM IST
ET Product of the Year Awards 2026: Recognising the infrastructure powering India’s digital financeThe prestigious ET Fintech Infrastructure Product of the Year award highlights groundbreaking platforms that make financial technology more...
18 Sep, 2026, 01.38 PM IST
Reinventing India PostWith a noticeable surge in revenue, India Post is broadening through innovative partnerships. The integration of financial and citizen serv...
17 Sep, 2026, 12.01 PM IST
Decoding MDR’s impact; EV bikes’ policy change sparks debateHappy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETtech Morning Dispatch.
17 Sep, 2026, 07.43 AM IST
Credit for the next 50 crore: How PhonePe’s new co-branded cards target India’s underservedAt GFF 2026, PhonePe unveiled a suite of co-branded credit cards with HDFC Bank and SBI, plus the Wishcard for consumers with limited or no...
15 Sep, 2026, 06.45 PM IST
“Whether we leave anyone behind”: Sameer Nigam’s blueprint for PhonePe’s second decadeAt Global Fintech Fest 2026, PhonePe founder‑CEO Sameer Nigam framed the company’s first ten years as the construction of India’s financial...
11 Sep, 2026, 08.00 PM IST
UPI MDR notification likely to be out for businesses soon; banks may pocket bulk of 40 bps feeThe issuing bank would retain 40% of the fee, sources said. Third-party application providers such as PhonePe or Google Pay, and the acquir...
11 Sep, 2026, 05.04 PM IST
India seeks payment-system links in every FTA, Commerce Secy says: ReportIndia aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...
09 Sep, 2026, 09.21 PM IST
PhonePe's Sameer Nigam unveils vision for next decade of financial inclusion at GFF 2026PhonePe has shared its ambitious ten-year strategy aimed at transforming India's digital landscape and promoting financial inclusion. By el...
09 Sep, 2026, 02.50 PM IST
IRCTC names Paytm among platforms driving 28% of online railway ticket bookingsNearly twenty-eight percent of Indian railway tickets are booked through third-party platforms. This significant share includes major playe...
08 Sep, 2026, 02.44 PM IST
India's payment wonder comes handy amid Nepal's fatal flood furyIndia's Unified Payments Interface (UPI) system is now instrumental in aiding Nepal's disaster relief fund donations. Donors in India can a...
02 Sep, 2026, 12.00 PM IST