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Fintech and banking professionals reviewing UPI transaction and merchant payment data as payment aggregators negotiate a larger share of the new MDR.
Fintech and banking professionals reviewing UPI transaction and merchant payment data as payment aggregators negotiate a larger share of the new MDR.
Fintech employees processing digital loan applications while assisting customers in an Indian office.
mPokket aims to exceed ₹25,000 crore in annual loan disbursals and grow its loan book beyond ₹20,000 crore within three years.
PhonePe plans more than 20,000 frontline hires and over 50 lakh new payment devices, with about half targeted at rural India.
Amazon Pay India's FY26 net loss widened to ₹1,148.5 crore as total expenses increased faster than revenue.
PhonePe leads India's UPI market with 10.86 billion transactions in July as digital payments continue to grow.
Image Summary: A realistic editorial illustration showing India's UPI digital payments ecosystem, with a smartphone displaying a generic digital payment interface, merchants and consumers using cashless payments, and a subtle visual representation of infrastructure costs, banks, fintech companies and public investment.
A realistic image of a customer making a UPI payment by scanning a QR code at a retail store, highlighting India's digital payments ecosystem and merchant transactions.
Customer making a UPI QR code payment at an Indian retail store as the government considers reintroducing merchant fees for select digital transactions.
Risk-based payment checks may be introduced Key Highlights India’s digital payment ecosystem could soon witness important security upgrades as the Reserve Bank of India (RBI) and leading banks evaluate new measures to curb the sharp rise in online financial fraud. The proposed framework aims to enhance transaction security without disrupting...
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