The Bengaluru-based fintech firm, which has been offering cashbacks on UPI transactions, overtook Cred, which processed ...

The NPCI-backed payment application currently has a market share of around 0.2%. The government is working on boosting Bhims ...

Before 2022, merchants had to pay a nominal fee, called the merchant discount rate (MDR), to banks for processing UPI and ...

The National Payments Corporation of India (NPCI) has introduced new security measures to protect Unified Payments Interface (UPI) accounts linked to inactive mobile numbers, aiming to reduce fraud ...

The government may introduce a tiered pricing system for UPI transactions, where larger merchants would incur higher charges, ...

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 ...

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

India has voiced its willingness to share with the world its experiences of using digital public infrastructure to bridge the ...

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

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

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