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UPI Transactions To Become Faster From June 16; Other Changes Coming Soon
The UPI system is set to implement other important changes from August in order to improve its performance.
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Direct Benefit Transfer Rises 90 Times In A Decade: Finance Minister
There has been more than 90 times rise in direct benefit transfer (DBT) in just a decade under the Prime Minister Narendra Modi-led government, Finance Minister Nirmala Sitharaman said on Thursday.
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No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
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Exclusive: Government Weighs Charges On UPI Payments Over Rs 3,000
This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital transactions.
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PhonePe to Launch UPI Payments App for Feature Phones With P2P Transfers, Offline QR Payments
PhonePe announced on Friday that it is planning to launch a Unified Payments Interface (UPI) solution for feature phone users in India. The digital payments and financial services company highlighted that the payment solution will be built on the UPI 123Pay technology. The service will be built on conversational engagement platform Gupshup’s GSPa...
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Apple Pay Down: Global Outage Causes Payment Chaos For Millions
Apple Pay experienced a significant global outage on May 16, 2025, affecting over 745 million users worldwide and causing payment failures and difficulties transferring funds.
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Watch: Tourist Asks "Why Nobody Has Change In India?" Internet Responds
Travel vlogger Lee Veu shared the clip from the streets of Agra, near the Taj Mahal, where he found himself waiting for change after a purchase.
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"Donate Rs 10 for RCB": Influencer's QR Code Prank Sparks Real Donations
As the video progressed, people began noticing the posters. To Sarthak Sachdeva's astonishment, many scanned the QR codes and sent money.
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UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
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UPI Payments Hit A Snag: Third Outage In A Month Leaves Users In A Bind
UPI Payments Down Today: UPI experienced a major disruption, affecting digital transactions nationwide. Users reported issues with Google Pay, Paytm, and other platforms, marking the third outage in recent days.
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Mastercard, Kraken Team Up to Scale Card-Based Crypto Spending in UK, Europe
Mastercard has teamed up with Kraken to enable card-based crypto payments for day-to-day purchases. In the coming weeks, Kraken will be launching physical and digital debit cards to facilitate payments through crypto.Â
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Binance Partners Worldpay to Bring Fiat-to-Crypto Payments via Apple Pay and Google Pay
Binance has partnered with Worldpay to make digital assets more accessible via widely used payment platforms. Through this collaboration, Binance users will be able to purchase cryptocurrencies using their Apple Pay and Google Pay accounts.
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Kazakhstan and UAE Central Banks Sign MoU to Collaborate on VDA Regulations, CBDCs
The National Bank of Kazakhstan and the Central Bank of the UAE (CBUAE) have signed an MoU to collaborate on fintech, cybersecurity, and CBDCs, focusing on how UAE's financial hubs leverage blockchain and crypto for payments and transactions.
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Digital Frauds, Including In UPI, Have Doubled: Home Ministry To Parliament
Digital frauds including in UPI payments have doubled in the last one year, exposing the growing vulnerability of the country's digital payment ecosystem.
-
UPI Transactions To Become Faster From June 16; Other Changes Coming Soon
The UPI system is set to implement other important changes from August in order to improve its performance.
-
Direct Benefit Transfer Rises 90 Times In A Decade: Finance Minister
There has been more than 90 times rise in direct benefit transfer (DBT) in just a decade under the Prime Minister Narendra Modi-led government, Finance Minister Nirmala Sitharaman said on Thursday.
-
No Plan To Levy Merchant Discount Rate On UPI Transactions: Finance Ministry
The Finance Ministry on Wednesday said that "speculation and claims that the MDR (merchant discount rate) will be charged on UPI transactions are completely false, baseless, and misleading".
-
Exclusive: Government Weighs Charges On UPI Payments Over Rs 3,000
This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital transactions.
-
PhonePe to Launch UPI Payments App for Feature Phones With P2P Transfers, Offline QR Payments
PhonePe announced on Friday that it is planning to launch a Unified Payments Interface (UPI) solution for feature phone users in India. The digital payments and financial services company highlighted that the payment solution will be built on the UPI 123Pay technology. The service will be built on conversational engagement platform Gupshup’s GSPa...
-
Apple Pay Down: Global Outage Causes Payment Chaos For Millions
Apple Pay experienced a significant global outage on May 16, 2025, affecting over 745 million users worldwide and causing payment failures and difficulties transferring funds.
-
Watch: Tourist Asks "Why Nobody Has Change In India?" Internet Responds
Travel vlogger Lee Veu shared the clip from the streets of Agra, near the Taj Mahal, where he found himself waiting for change after a purchase.
-
"Donate Rs 10 for RCB": Influencer's QR Code Prank Sparks Real Donations
As the video progressed, people began noticing the posters. To Sarthak Sachdeva's astonishment, many scanned the QR codes and sent money.
-
UPI Services Hit by Another Outage, NPCI Says ‘Working to Resolve the Issue’
UPI (Unified Payments Interface) services in India were severely disrupted this Saturday morning, leaving users incapable of making digital transactions, the third time within a month. The snag hits individuals and businesses across the country, disrupting an important daily service for smooth money transfers, which has become a common feature in I...
-
UPI Payments Hit A Snag: Third Outage In A Month Leaves Users In A Bind
UPI Payments Down Today: UPI experienced a major disruption, affecting digital transactions nationwide. Users reported issues with Google Pay, Paytm, and other platforms, marking the third outage in recent days.
-
Mastercard, Kraken Team Up to Scale Card-Based Crypto Spending in UK, Europe
Mastercard has teamed up with Kraken to enable card-based crypto payments for day-to-day purchases. In the coming weeks, Kraken will be launching physical and digital debit cards to facilitate payments through crypto.Â
-
Binance Partners Worldpay to Bring Fiat-to-Crypto Payments via Apple Pay and Google Pay
Binance has partnered with Worldpay to make digital assets more accessible via widely used payment platforms. Through this collaboration, Binance users will be able to purchase cryptocurrencies using their Apple Pay and Google Pay accounts.
-
Kazakhstan and UAE Central Banks Sign MoU to Collaborate on VDA Regulations, CBDCs
The National Bank of Kazakhstan and the Central Bank of the UAE (CBUAE) have signed an MoU to collaborate on fintech, cybersecurity, and CBDCs, focusing on how UAE's financial hubs leverage blockchain and crypto for payments and transactions.
-
Digital Frauds, Including In UPI, Have Doubled: Home Ministry To Parliament
Digital frauds including in UPI payments have doubled in the last one year, exposing the growing vulnerability of the country's digital payment ecosystem.
