Rapido fined Rs 10 lakh for prompting users to pay more before ride confirmation
The ride-hailing platform, Rapido, has been imposed a fine of Rs 10 lakh for misleading advertisements, ...
Amazon Now crosses USD 1 billion annualized gross sales in India
New Delhi [India], September 15 (ANI): Amazon’s ultra-fast delivery service Amazon Now has crossed USD 1 ...
Flipkart creates 2.5 lakh festive jobs, 60% in last-mile delivery
Bengaluru (Karnataka) [India], September 15 (ANI): Flipkart on Tuesday announced the creation of more than 2.5 ...
UPI MDR a ‘very positive step’, will make payments ecosystem sustainable: MobiKwik Co-Founder Upasana Taku
Gurugram (Haryana) [India], September 16 (ANI): The introduction of Merchant Discount Rate (MDR) on large-value UPI ...
RBI backs government’s MDR framework, calls it ‘important step’ towards sustainable UPI ecosystem
New Delhi [India], September 16 (ANI): The Reserve Bank of India (RBI) has backed the government’s ...
Government move on MDR important for long-term growth, sustainability of UPI ecosystem: PhonePe Founder Sameer Nigam
Bengaluru (Karnataka) [India], September 16 (ANI): Noting that roughly 70–80 crore UPI transactions take place every ...
Key highlights of govt introducing 0.4% MDR on UPI payments to merchants
The government has introduced a 0.4 per cent fee on UPI payments of more than Rs ...
New UPI regime from Oct 15: Nominal fee on large merchant transactions, person-to-person transactions to remain free
The government decision to levy 0.4% fee on Rs 2,000 plus transactions made to merchants via ...
Govt sets 0.4% fee on UPI payments above Rs 2,000 amid political criticism
Ending nearly six years of fully free UPI payments, the government on Tuesday introduced a 0.4 ...
Merchant charges for UPI soon? Payments above Rs 2,000 may attract a fee
Consumers using UPI may soon encounter charges on substantial UPI transactions to merchants, as regulators are ...
Zero charges on person-to-person transactions: New UPI rules keep all P2P payments 100% free regardless of amount
New Delhi [India], September 15 (ANI): In a major policy announcement aimed at safeguarding everyday digital ...
UPI transactions above Rs 2,000 to attract 0.4% MDR, capped at Rs 300
Mumbai (Maharashtra) [India], September 15 (ANI): UPI transactions above Rs 2,000 will attract a Merchant Discount ...
UPI transactions up to Rs 2,000 will not incur bank fees: What it means for users
The government has announced regulations stating that banks and payment system providers are prohibited from charging ...
Govt notifies zero charges on UPI up to Rs 2,000; 96% transactions fall in protected band
New Delhi [India], September 15 (ANI): The Finance Ministry has notified that Unified Payments Interface (UPI) ...
political Govt sets 0.4% fee on UPI payments above Rs 2,000 amid political criticism
Ending nearly six years of fully free UPI payments, the government on Tuesday introduced a 0.4 ...
Indian fintech’s AI push likely to yield revenue from FY28 onwards: Report
New Delhi [India], September 15 (ANI): India’s fintech industry is rapidly building artificial intelligence (AI)-based products ...
izmo Microsystems Unveils Silicon Photonics Modules at SEMICON India 2026
Showcasing India’s first production-ready advanced packaging capabilities for Data Center Interconnects and Quantum Infrastructure BENGALURU, India, ...
How China is preparing for the risk of AI escaping human control
Warnings from researchers at leading U.S. AI developer Anthropic that increasingly powerful models could escape human ...
