Tag: Unified Payments Interface
UPI MDR rollout may be deferred beyond festive season to Jan 1; shares fall: Report
A proposal to defer the rollout of merchant discount rates (MDR) on Unified Payments Interface (UPI) to January 1 from October 15 is under consideration,…
India can sustain around 7% growth despite global concerns: Nilesh Shah
New Delhi: India is likely to register around 7 per cent economic growth this year, with the momentum in the second quarter looking good despite…
Supreme Court questions Centre, calls for ‘facts’ over MDR for UPI transactions over ₹2,000
The Supreme Court on Monday sought the response of the Centre on a petition challenging the government’s decision to introduce a Merchant Discount Rate (MDR)…
MDR on UPI transactions faces PIL in Supreme Court
New Delhi: A PIL has been filed in the Supreme Court seeking quashing of the government’s move to levy a merchant discount rate of 0.4%…
Merchant fee on UPI rolling out as transaction floor set at Rs 2,000
New Delhi: India on Monday exempted transactions of up to ₹2,000 through Unified Payments Interface and all RuPay debit card payments from any charges imposed…
India seeks payment-system links in every FTA, Commerce Secy says: Report
India is seeking to link its payment systems with those of its trading partners as part of every free trade agreement it negotiates, as New…
Exclusive | Bringing Gemini AI to a world of money: Google Pay’s Sharath Bulusu
Google India is embarking on a journey underlining the intersection of artificial intelligence (AI) and personal finance, something no other standalone digital payments and UPI…
Regulations slow growth but reward patient founders: Razorpay’s Harshil Mathur at YC Startup School
Building in a regulated space has its own advantages because not all founders will have the patience to navigate regulatory hurdles, said Harshil Mathur, chief…
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…
Apple Pay in India? iPhone maker in talks with banks to onboard UPI| Business News
Apple Inc. is in discussions with key banks and card networks in preparation to start Apple Pay in India, that too on UPI. Apple is…