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

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

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

The digital payment transactions (including UPI) surged with over 18,120 crore transactions in 2024-25 (till January this ...

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

The National Payments Corporation of India (NPCI) has introduced new security measures to protect Unified Payments Interface (UPI) accounts linked to inactive mobile numbers, aiming to reduce fraud ...

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

RBI governor Sanjay Malhotra has said that the central bank is working to make cross-border payments “more efficient”.

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

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

American expat Kristen Fischer highlights 10 aspects of Indian life, from UPI to readily available electricians, that surpass US conveniences.