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UPI in particular saw high adoption due to speed and zero charges, but a new RBI discussion paper asks if digital payments should be...
The Parliamentary Standing Committee on Commerce has asked the Indian government to rethink its zero MDR policy for UPI and RuPay.
The government will spend up to Rs 1,500 crore in the coming year to incentivise digital payments adoption in the country, Finance Minister Nirmala...
The Indian Banks’ Association (IBA) and payments industry bodies have met with officials from the Ministry of Finance and the Ministry of Electronics and...
The Ministry of Electronics and Information Technology (MEITY) is considering reimbursing the merchant discount rate (MDR) for payment companies providing the Unified Payments Interface...
By December 2022, PhonePe plans to double its consumer user base to 500 million by investing and deploying manpower particularly in Tier-5 and beyond...
In a clear indication that the Central government will not change its policy on merchant discount rate (MDR), the Central Board of Direct Taxes...
