Apple Pay likely to launch in India by October without UPI
Apple Pay is expected to launch in India as early as October 2026, initially supporting only Visa and Mastercard credit cards and excluding UPI, according to reports. Users will be able to…
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RBI explores CBDCs, payment links to cut cross-border costs
India co-chaired the BRICS finance ministers and central bank governors meeting in Jaipur on August 12-13, where RBI Governor Sanjay Malhotra stressed the need for cheaper and faster cross-border payments. Separately, Malhotra…
UPI tax claim false, says AAP’s Sanjay Singh
AAP Rajya Sabha MP Sanjay Singh on Tuesday dismissed Finance Minister Nirmala Sitharaman's claim that a 2% tax on UPI transactions was proposed in the Congress manifesto. Singh said the Finance Minister…
Parliament clears Bill; Sitharaman says UPI stays free for all
Finance Minister Nirmala Sitharaman told Parliament on Monday that consumers and small merchants, including vegetable vendors and tea stall owners, will not pay any charges for UPI transactions. She clarified that the…
DMK-Congress spar as Centre pushes delimitation bill
The DMK and Congress traded accusations over delimitation as the Centre stepped up efforts to build support for legislation to redraw Lok Sabha constituencies. In Jharkhand, job aspirants clashed with police during…
Rajya Sabha Clears Taxation Bill; No UPI Charges for Users
Parliament today cleared The Taxation and Other Laws (Amendment) Bill, 2026, after a voice vote in the Rajya Sabha. Finance Minister Nirmala Sitharaman ruled out any immediate charge on UPI users, calling…
UPI ग्रोथ 33% से घटकर 23%, बड़े भुगतान पर एमडीआर चर्चा
वित्त वर्ष 2026-27 के पहले चार महीनों (अप्रैल-जुलाई) में UPI ट्रांजैक्शन वॉल्यूम 92 बिलियन रहा, जो पिछले साल की समान अवधि के 74.5 बिलियन से 23.5% अधिक है। यह ग्रोथ दर पिछले…
UPI stays free, Parliament passes Taxation Bill
Finance Minister Nirmala Sitharaman told Parliament on Monday that consumers will not pay any charge on UPI transactions and that small merchants and kirana stores are exempt from MDR. She was replying…
Apple Pay India launch likely by October without UPI
Apple Pay is likely to launch in India by late September or October, Business Standard reports. Initially, the service will work with Visa and Mastercard credit cards, not UPI, which could limit…
Govt says UPI to stay free for users, MDR only for select big merchants
The finance ministry has clarified that consumers will not pay any transaction charges for using UPI. Any future Merchant Discount Rate (MDR), if introduced, would apply only to a limited set of…
