Before 2022, merchants had to pay a nominal fee, called the merchant discount rate (MDR), to banks for processing UPI and ...

The initial focus of the Unified Lending Interface is to provide small-ticket loans and improve collection efficiency ...

UPI payments are the talk of the town everywhere now. From tea stalls to big shops, UPI payments are accepted everywhere. In ...

The World Bank's Digital Public Infrastructure and Development report highlights how Digital Public Infrastructure ...

In an exchange filing, the company said Paytm UPI now supports UPI Trading Blocks, a feature that aims to simplify the ...

The meeting was attended by the new RBI Governor and senior officials of the apex bank. Senior executives from the payments, ...

The government may introduce a tiered pricing system for UPI transactions, where larger merchants would incur higher charges, ...

TGSRTC buses now accept UPI payments for tickets, alongside cash, in 2800 Hyderabad buses and 1800 high-end buses.

Flipkart and Navi founder Sachin Bansal hit out at WhatsApp Pay and Amazon Pay for their approach to the Unified Payments ...

RBI Governor emphasizes need for expanding digital payments in India, focusing on awareness, efficiency, and innovation for ...

The RBI will also continue its engagement in a multilateral project called Project Nexus, to enable instant cross-border ...