Tag: national payments corporation of india
Ministry of Finnace to engage with banks and traders to allay Merchant Discount Rate concerns
New Delhi: The finance ministry will reach out to the Indian Banks Association (IBA) to ensure Merchant Discount Rate (MDR) charges are not passed on…
‘Everything on record’: Parliamentary Finance panel chief defends unanimous Standing Committee report amid UPI MDR row
New Delhi [India]: Parliamentary Standing Committee on Finance chairman and BJP MP Bhartruhari Mahtab on Saturday defended the committee’s report on the Demands for Grants…
‘What’s in your shopping cart?’ Govt plans first nationwide retail consumption survey
New Delhi: The government is considering launching a nationwide retail consumption survey to generate granular data on consumer spending patterns, people aware of the development…
India-Seychelles conclude umbrella line of credit agreement worth Rs 1250 crore
India and Seychelles have concluded the umbrella line of credit agreement to be extended to the African island nation for supporting its developmental projects, Foreign…
UPI growth stays relentless with 22.64 billion March transactions, says Department of Financial Services
New Delhi: Unified Payments Interface (UPI) recorded 22.64 billion transactions in March 2026, reflecting continued growth in digital payments across the country, the Department of…
Exclusive | India must lead agentic payment regulation: Razorpay’s Rahul Kothari
Imagine asking an artificial intelligence (AI) assistant what looks an otherwise simple enough question, “what to order for dinner”, and seamlessly proceed to the “order…
Fintech firm Zaggle acquires Rio Money for Rs 22 crore; plans to invest Rs 75 crore post-acquisition
Fintech firm Zaggle, which offers spend management services, has acquired Rivpe Technology Private Limited (Rio.Money), a digital banking platform offering UPI-based payment solutions for Rs…
IIT-Madras incubated Muse Wearables, NPCI to launch India’s first wearable payments ecosystem
Muse Wearables, an IIT-Madras incubated start-up up has partnered with the National Payments Corporation of India (NPCI) to launch India’s first wearable payments ecosystem, officials…