Tag: Unified Payments Interface

MDR on UPI transactions faces PIL in Supreme Court
Posted in Economy

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%…

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Posted in Economy

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…

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Posted in Economy

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…

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Google Pay app adds AI with ‘Ask Google Pay’ and new co-branded credit cards with SBI Card. (Official photo)
Posted in Business

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…

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Regulations slow growth but reward patient founders: Razorpay’s Harshil Mathur at YC Startup School
Posted in Startups

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…

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Posted in Economy

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…

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Apple is known to take a cut of Apple Pay transactions. (Unsplash)
Posted in Business

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…

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Posted in Economy

2026 dawns brightly on buoyant sentiment as India’s economy hits high gear

India’s economy entered 2026 on a strong tailwind, with high-frequency data for December showing strong consumer sentiment and robust activity. Car sales ended the year…

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Posted in Economy

India’s GDP data robust, new series in February

India’s gross domestic product (GDP) calculation is based on updated and dynamic trends such as Unified Payments Interface (UPI), ecommerce, transport & food aggregators and…

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