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WHAT IS UNIFIED PAYMENT INTERFACE UPI
Paytm to monetise in-house AI tools, sharpen wealth pushFounder and chief executive Vijay Shekhar Sharma said some AI products had already started generating a few lakh rupees in revenue. The com...
Don't put a toll on UPI: Why merchant discount rate isn't the answerA proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...
Nearly 55.49 crore UPI users onboarded by June 2026Around 55.49 crore UPI users were onboarded by June 2026, Parliament was informed. UPI transactions reached 24,162 crore in volume and Rs 3...
India, Spain to fast-track UPI-Bizum interoperability talksThe two countries have also discussed ways to strengthen investment facilitation, improving mobility of professionals and promoting joint i...
FM exhorts young entrepreneurs to raise risk appetite and ‘build boldly’ despite external woesFinance Minister Nirmala Sitharaman encouraged young entrepreneurs to build boldly for India's future. She emphasized creating value and em...
UPI MDR could raise business costs, hurt consumption if introduced: ExpertsExperts suggest focusing on who bears UPI merchant discount rate costs. Introducing this fee could increase business operating expenses and...
UPI MDR may return for large merchants: What it means for your digital paymentsIndia's government is considering a small Merchant Discount Rate for large UPI retailers. This potential change aims to create a sustainabl...
India's gold jewellery demand revives as prices stabilise; festive orders pick up: WGCIndia's gold jewellery demand is showing signs of recovery as stable prices and retailer discounts draw consumers back to stores, the World...
Automatic EPF transfer on switching job: Who can access this facility and who will be left out?The new EPF reforms introduce automatic fund transfers when changing jobs. This facility requires an Aadhaar-linked and KYC-compliant Unive...
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...
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...
Wipro’s muted quarter; UPI’s merchant fee revivalWipro posted flat first-quarter profit despite higher revenues. This and more in today's ETtech Top 5.
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...
"We are moving ahead with connecting India's UPI and New Zealand's payment system": PM Modi"Friends, to make our Strategic Partnership meaningful, we are turning the strengths of both countries into practical cooperation. In the f...
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...
India's UPI to link with Indonesia's payment system, says PM ModiIndia's Unified Payments Interface will soon integrate with Indonesia's payment system. Prime Minister Narendra Modi announced this signifi...
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...
UPI, India's epic odyssey continuesThe immediate benefit to India from the cross-border expansion of UPI is reduction in remittance costs. This is a key concern for a nation ...
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...
India launches UPI in GreeceIndia's digital payment system, UPI, has expanded its global reach with a launch in Greece. This move allows eligible customers instant, se...