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Posted in Economy

Finance Ministry rejects US pressure claims over new UPI MDR, says RuPay has no special edge

The Finance Ministry on Thursday rejected allegations that US pressure influenced the decision to impose a 0.4% Merchant Discount Rate (MDR) on select UPI payments,…

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IIT-Madras incubated Muse Wearables, NPCI to launch India's first wearable payments ecosystem
Posted in Startups

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…

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Zaggle to acquire loyalty solutions provider Greenedge for Rs 25 crore
Posted in Startups

Zaggle to acquire loyalty solutions provider Greenedge for Rs 25 crore

Spend management platform Zaggle has received board approval to acquire 100% of Greenedge Enterprises — representing 130,000 equity shares — in a deal worth up…

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