Can 50 Lakh Payment Devices Take Digital Payments To India’s Last Mile? PhonePe Bets Big
Can 50 lakh payment devices take digital payments to India’s last mile? PhonePe plans 20,000 hires and a major push into smaller towns and villages.
UPI Gets A Price Tag: Could The New MDR Create A Rs 20,000 Crore Revenue Stream?
A new 0.4% MDR on selected UPI merchant transactions could create a Rs 20,000 crore revenue opportunity for banks and fintechs from October 15.
Beyond Western Routes: How Direct Flights And Unified Digital Payments Are Opening Travel Between India, Russia And Southeast Asia
Direct flights and digital payment links are making travel between India, Russia and Southeast Asia more connected and convenient.
Indian Travellers Can Now Make UPI Payments Across Uzbekistan
Indian tourists, students and business travellers can now make instant UPI payments in Uzbekistan by scanning UZQR codes at participating merchants.
Digital Merchant Payments Rise 19.6% To Rs 11.73 Lakh Crore In July 2026
India’s digital merchant payments rose 19.6% year-on-year to Rs 11.73 lakh crore in July 2026, driven by UPI and credit card spending.
10 Years Of UPI: How PM Modi’s Digital Vision Transformed Payments, Says Amit Shah
Amit Shah highlighted UPI’s 10-year journey, rapid transaction growth and global expansion, crediting PM Modi’s Digital India vision.
UPI Charges Explained: Centre Says Person-To-Person Payments Will Remain Free
The Centre has clarified that person-to-person UPI transactions will remain free, while possible merchant charges under the new law are yet to be finalised.
‘UPI Payments Will Remain Free’: Govt Clarifies MDR Proposal
The government said UPI payments will remain free for consumers, while any future MDR would apply only to select merchant transactions.
Government Proposes MDR On High-Value UPI, RuPay Transactions
The government has proposed allowing MDR on high-value UPI and RuPay transactions through amendments to the Payment and Settlement Systems Act.
PM Modi Highlights 20 Agreements Strengthening India-Indonesia Partnership
PM Modi described India-Indonesia ties as 'strong and vibrant' after both countries signed 20 agreements during his Jakarta visit.
