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

India will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with mer...

Congress criticises the government for introducing charges on UPI transactions for merchants. This move is seen as appeasing United States ...

Paytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. F...

This comes after a Monday notificationfrom the Department of Financial Services that narrowed the zero-charge mandate for UPI. The earlier ...

Paytm shares fell after the government directed banks and payment providers not to charge for UPI transactions up to Rs 2,000, raising unce...

Jefferies has identified Paytm, Groww, PB Fintech, AU Small Finance Bank and Poonawalla Fincorp as its 25% CAGR club of Indian financial st...

Happy Friday! With a fee on UPI set to come into the picture soon, issuing banks are poised to claim the biggest slice. This and more in to...

India lacks a transparent framework for public scrutiny of lobbying efforts. The recent debate over UPI merchant discount rates highlights ...

The Lok Sabha approved amendments to the Payment and Settlement Systems Act. This change empowers the government to permit charges on digit...

The Payment and Settlement Systems Amendment Bill has revived debate over MDR on UPI. While charges could support banks and fintech firms, ...

The Lok Sabha approved a bill promoting domestic electronics manufacturing and foreign investment. Foreign firms producing electronics loca...

India may reintroduce merchant discount rates for large businesses on UPI transactions. This move aims to address the financial sustainabil...

"We have argued that MDR is essential and will foster sustainability and enable continued investments in cutting-edge technologies," the ba...

The Payments Council of India (PCI), the industry body for the digital payments ecosystem in the country, has written to the government urg...

At the centre of this demand is Delhi’s decision to remove the MDR for all digital transactions.

The prebudget meeting on Friday was necessitated after the government waived off MDR for merchants on digital payments made through RuPay d...