Payment aggregators are negotiating with sponsor banks for a larger share of the acquiring bank’s cut of the new MDR…
UPI has transformed everyday payments in India, but its new MDR brings fresh questions. The bigger issue is how the…
State Bank of India expects the new MDR framework on UPI transactions to help recover processing costs and generate profit,…
The newly introduced merchant discount rate (MDR) on select UPI transactions will attract 18% GST, generating around Rs 2,000 crore…
The introduction of MDR on higher-value UPI transactions in India aims to enhance the payments ecosystem by charging fees on…
India’s small retailers face challenges as a new 0.4% MDR fee on UPI transactions above Rs 2,000 may push merchants…
From October 15, merchants will pay a 0.4% MDR on UPI payments above Rs 2,000, ending six years of zero…
UPI is booming across India, yet currency in circulation is still growing at 12.5%. The RBI calls it the “cash…
Far from being a mere back-office function, it now stands as a strategic imperative shaping resilience, efficiency, and sustainability in India’s digital infrastructure.
Subhathra Srinivasaraghavan, vice-president at IBM India Systems Development Lab (ISDL) – the largest R&D hub in Big Blue’s infrastructure division…
Underwriting challenges and lack of awareness main deterrents.
As digital payments grow, online fraud has emerged as a major risk for citizens. RBI Governor Sanjay Malhotra on Friday…
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UPI led India’s retail payments in 2024 with 17,221 crore transactions worth ₹246.8 lakh crore, accounting for nearly 85% of…
Fraudsters create lookalike websites and links, especially during sale season, to steal personal and payment details. Always type the web…
At the 3rd FE Digital Bharat Economy Conclave 2025, held in New Delhi today, some of the key speakers explored…