Payments
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UPI To Remain Free For Consumers, Merchants May Face Small Fee: Centre
The government has opened the door to introducing a nominal Merchant Discount Rate (MDR) on a limited set of UPI merchant transactions above a certain threshold, while assuring that consumers and person-to-person payments will continue to remain free.
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UPI Will Stay Free For Consumers And Small Merchants: Payments Council
The statement comes a day after the Lok Sabha passed a Bill to amend the Payment and Settlement Systems Act, 2007, which authorises the government to permit banks and other service providers to levy charges on payments through UPI.
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Western Union Introduces Stablecoin Transfers Via Visa Network and Stablecard
Western Union has partnered with stablecoin infrastructure platform Rain to launch Stablecard, a digital wallet with a Visa card that enables users to store, transfer and spend the dollar-backed USDPT stablecoin. Initially available in 37 countries, the service allows remittance recipients to receive funds directly into a stablecoin wallet and make...
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Lok Sabha Passes Bill To Allow Charges On UPI, Other Digital Payments
Real-time payments made through RTGS and NEFT are done by paying a service charge. However, UPI transactions have been exempted from such charges so far.
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Man Reflects On 20-Year Journey At Google, Shares 6 Leadership Lessons
He said people should develop a thick skin, accept that perspectives differ and respect others even when they disagree.
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Delhi Woman Curbs Impulse Spending After Quitting UPI For Cash: 'I'm Not Going Back'
Delhi woman says she is not going back to UPI after quitting it for cash, stating that she became more aware of her spending habits.
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3 Arrested For Duping Maharashtra Man Of Rs 70 Lakh With Fake Job Offer
The accused lured complainant by showing fake letters with forged signatures and seals of senior Mantralaya officials, along with the national emblem.
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Hungary Eases Crypto Rules as CoinCash Prepares to Resume Operations
Hungary has relaxed its cryptocurrency regulations by removing additional validator requirements that went beyond the European Union's MiCA framework. The policy change comes after the country's finance minister acknowledged that the earlier rules had disrupted the local crypto market and prompted firms to halt operations. The revised approach is e...
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"Chutta Nahi Hai. Toffee Le Lo." Has UPI Replaced Rs 1 Toffee In India?
Back when paying in cash was the norm, whether there was actually a shortage of coins or not, customers were often given a toffee instead of loose change.
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Offline UPI Payments With NFC Support Could Launch in India Soon
India will soon enable payments without an Internet connection on either the customer’s smartphone or the merchant’s PoS terminal. National Payments Corporation of India (NPCI) will reportedly begin certifying compatible PoS terminals for enabling offline payments later this year. Offline transactions are expected to be limited to Rs. 2,000 per...
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Spain May Soon Join The Countries Where Indian Travellers Can Pay Via UPI
Indian travellers may soon be able to scan and pay with UPI in Spain. The two countries have just kicked off talks to link UPI with Bizum, Spain's local payment system.
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SSI Payment 2026: When Will July Check Be Sent? Here’s The Schedule
Supplemental Security Income (SSI) payments are normally sent on the first of each month.
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Thailand's New 'Pay Like A Local' Initiative Lets Tourists Scan QR And Pay
Thailand's new 'Pay Like a Local' campaign lets travellers from nine Asian countries pay across the country using their own banking apps.
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Google Play Store to Allow External Payments From June 30 in Select Global Markets
Google will let developers offer alternative payment systems and direct users to their own websites for purchases alongside Google Play's billing platform starting June 30. The move gives developers more flexibility in how they handle payments while reducing dependence on Google's in-app billing system. Google is also separating its Play Store serv...
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Slovenian Tourist Says India's Payment System Is 'Years Ahead Of Most Countries'
A Slovenian traveller has praised India's UPI system for enabling cashless payments nationwide and reducing the need for cash.
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UPI To Remain Free For Consumers, Merchants May Face Small Fee: Centre
The government has opened the door to introducing a nominal Merchant Discount Rate (MDR) on a limited set of UPI merchant transactions above a certain threshold, while assuring that consumers and person-to-person payments will continue to remain free.
-
UPI Will Stay Free For Consumers And Small Merchants: Payments Council
The statement comes a day after the Lok Sabha passed a Bill to amend the Payment and Settlement Systems Act, 2007, which authorises the government to permit banks and other service providers to levy charges on payments through UPI.
-
Western Union Introduces Stablecoin Transfers Via Visa Network and Stablecard
Western Union has partnered with stablecoin infrastructure platform Rain to launch Stablecard, a digital wallet with a Visa card that enables users to store, transfer and spend the dollar-backed USDPT stablecoin. Initially available in 37 countries, the service allows remittance recipients to receive funds directly into a stablecoin wallet and make...
-
Lok Sabha Passes Bill To Allow Charges On UPI, Other Digital Payments
Real-time payments made through RTGS and NEFT are done by paying a service charge. However, UPI transactions have been exempted from such charges so far.
-
Man Reflects On 20-Year Journey At Google, Shares 6 Leadership Lessons
He said people should develop a thick skin, accept that perspectives differ and respect others even when they disagree.
-
Delhi Woman Curbs Impulse Spending After Quitting UPI For Cash: 'I'm Not Going Back'
Delhi woman says she is not going back to UPI after quitting it for cash, stating that she became more aware of her spending habits.
-
3 Arrested For Duping Maharashtra Man Of Rs 70 Lakh With Fake Job Offer
The accused lured complainant by showing fake letters with forged signatures and seals of senior Mantralaya officials, along with the national emblem.
-
Hungary Eases Crypto Rules as CoinCash Prepares to Resume Operations
Hungary has relaxed its cryptocurrency regulations by removing additional validator requirements that went beyond the European Union's MiCA framework. The policy change comes after the country's finance minister acknowledged that the earlier rules had disrupted the local crypto market and prompted firms to halt operations. The revised approach is e...
-
"Chutta Nahi Hai. Toffee Le Lo." Has UPI Replaced Rs 1 Toffee In India?
Back when paying in cash was the norm, whether there was actually a shortage of coins or not, customers were often given a toffee instead of loose change.
-
Offline UPI Payments With NFC Support Could Launch in India Soon
India will soon enable payments without an Internet connection on either the customer’s smartphone or the merchant’s PoS terminal. National Payments Corporation of India (NPCI) will reportedly begin certifying compatible PoS terminals for enabling offline payments later this year. Offline transactions are expected to be limited to Rs. 2,000 per...
-
Spain May Soon Join The Countries Where Indian Travellers Can Pay Via UPI
Indian travellers may soon be able to scan and pay with UPI in Spain. The two countries have just kicked off talks to link UPI with Bizum, Spain's local payment system.
-
SSI Payment 2026: When Will July Check Be Sent? Here’s The Schedule
Supplemental Security Income (SSI) payments are normally sent on the first of each month.
-
Thailand's New 'Pay Like A Local' Initiative Lets Tourists Scan QR And Pay
Thailand's new 'Pay Like a Local' campaign lets travellers from nine Asian countries pay across the country using their own banking apps.
-
Google Play Store to Allow External Payments From June 30 in Select Global Markets
Google will let developers offer alternative payment systems and direct users to their own websites for purchases alongside Google Play's billing platform starting June 30. The move gives developers more flexibility in how they handle payments while reducing dependence on Google's in-app billing system. Google is also separating its Play Store serv...
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Slovenian Tourist Says India's Payment System Is 'Years Ahead Of Most Countries'
A Slovenian traveller has praised India's UPI system for enabling cashless payments nationwide and reducing the need for cash.
