Government Dismisses MDR Rumours on UPI Transactions as ‘False and Baseless’
The Ministry of Finance has firmly denied speculation suggesting that Merchant Discount Rate (MDR) will be levied on Unified Payments ...
Tag: digital payments
UPI Records Strong Growth in May 2025 With 18.68 Billion Transactions
India’s digital payments network continues to show robust momentum as the Unified Payments Interface (UPI) recorded 18.68 billion transactions worth ...
Paytm Appoints Ramana Kumar as CEO for Middle East to Lead Global Expansion Strategy
Fintech major Paytm has appointed Ramana Kumar as the Chief Executive Officer for its Middle East business, marking a significant ...
UPI Records 34% Growth in Transactions, ₹23.95 Lakh Crore in Value in April 2025
India’s digital payment revolution continues to gather pace, as the Unified Payments Interface (UPI) recorded 17.89 billion transactions in April ...
No Plans to Impose GST on UPI Payments Over ₹2,000, Clarifies Government
The Government has firmly denied reports suggesting that Unified Payments Interface (UPI) transactions exceeding ₹2,000 might attract Goods and Services ...
NBSL Launches BHIM 3.0 with Enhanced Features for Users, New Offerings for Businesses and Banks
NPCI BHIM Services Limited (NBSL), a subsidiary of the National Payments Corporation of India (NPCI), has launched Bharat Interface for ...
RBI Inaugurates Digital Payments Awareness Week 2025 to Promote Safe and Inclusive Digital Transactions
The Reserve Bank of India (RBI) has inaugurated the 5th Digital Payments Awareness Week (DPAW), an initiative aimed at spreading ...
UPI Transactions Surge 45% YoY in July to 14.44 Billion Monthly, says NPCI
The National Payments Corporation of India (NPCI) has released the latest data on Unified Payments Interface (UPI) transactions for July ...
New Research Forecast Indian Digital payments to Surge to $7 Trillion by FY30
India is undergoing a remarkable digital transformation, revolutionizing the way people travel, shop, and pay. Over the past five years, ...
NIPL and QNB Partner to Introduce UPI Payments in Qatar
NPCI International Payments Limited (NIPL) has partnered with QNB, the largest financial institution in the Middle East and Africa, to ...
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