India now leads the world in faster digital payments, according to a July 2025 note by the International Monetary Fund…

The International Monetary Fund (IMF) has praised India’s Unified Payments Interface (UPI) in a new report, crediting its success not…

Fintech unicorn Razorpay, headquartered in Bengaluru, Karnataka, has entered India’s competitive consumer UPI market with a $30 million investment in…

India’s Ministry of Finance confirmed on June 12 that no Merchant Discount Rate (MDR) will be levied on UPI transactions,…

Indian authorities, including the central bank and payments industry, are pushing for the implementation of a Merchant Discount Rate (MDR)…

The Indian government has dispelled rumors about imposing GST on UPI transactions over Rs 2,000, affirming its commitment to promoting…

India is advocating for reduced compliance requirements for cross-border transactions made through its homegrown Unified Payment Interface (UPI), a system…

India is set to phase out ‘collect’ UPI payments for merchants as the National Payments Corporation of India (NPCI) moves…

India’s fastest-growing UPI-based payments platform has acquired a leading checkout financing provider to strengthen its credit offerings. The deal, finalized…

The National Payments Corporation of India (NPCI) has lifted the 100 million user cap on WhatsApp Pay, allowing Meta to…