Payment Firms Seek Bigger Share as UPI MDR Rollout Nears
NEW DELHI: India’s UPI system is about to enter a different phase. From October 15, selected merchant payments above ₹2,000 will carry a Merchant Discount Rate (MDR), creating a revenue...
Tag: digital payments
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UPI MDR Change Lifts Paytm, YES Bank and Other Shares
New Delhi: Shares of payment and banking companies, including Paytm, YES Bank, State Bank of India (SBI), Bank of Baroda and One Mobikwik, traded higher on Wednesday after the National...
India backs digital currencies for BRICS trade, but not a...
New Delhi: India hopes the BRICS countries would adopt more central bank digital currencies (CBDCs) for cross-border trade with one another. But it does not want the group to create...
UPI Completes 10 Years of Digital Payments Revolution, Emerges as...
New Delhi, August 24: The Unified Payments Interface (UPI), launched on 25th August 2016 by the National Payments Corporation of India (NPCI) under the regulatory oversight of the Reserve Bank of...
Why India’s UPI needs reform and where it needs change
New Delhi: The Unified Payments Interface (UPI) has revolutionized the payment landscape in India by enabling millions of users to make payments more conveniently. UPI has simplified the process of...
Airtel Payments Bank leadership change: How Shabnam Sinha’s appointment could...
New Delhi: The Airtel Payments Bank is also preparing for a change of its leadership as Shabnam Sinha will become chairperson of the bank from October 1, 2026, replacing Sunil...
UPI Is Free Today. But Who Pays for It?
New Delhi: For most Indians, paying through UPI has become almost invisible. Scan a QR code, enter the amount, tap the button and the payment is done. There is usually...
Google Pay rolls out Gemini AI-powered Ask Google Pay and...
New Delhi: Recently, Google has officially announced and unveiled its latest Ask Google Pay, its Gemini-powered conversational AI experience within the Google Pay application in India, alongside Google Pay Flex...
Credit Card Usage Surges 2.6-Fold in Four Years, Says RBI
New Delhi: While the journey of digital payments in India has been lauded with the introduction of UPI, credit cards play a more significant role in consumer spending than one...
From the Sacred Land of Lord Jagannath: SambhavPay’s Odisha-Born Mission...
New Delhi: In an era where India’s digital economy is expanding rapidly, SambhavPay stands out as a purpose-driven fintech company focused on one of the country’s most critical needs, bridging...
