The Indian government is considering reinstating MDR on UPI and RuPay transactions for merchants with a turnover above Rs 40 ...

The government is reportedly considering reintroducing merchant discount rate (MDR) on Unified Payments Interface (UPI) and ...

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

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, ...

Unified Payments Interface (UPI) demonstrates transformative potential for global adoption, with 17 billion transactions in ...

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

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

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

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

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

Coinbase ( NASDAQ: COIN) said it will be able to offer its crypto trading services in India as the company registered with ...