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UPI

UPI MDR Rollout May Be Delayed to January 2027: What the ₹2,000 Fee Means
Posted inIndia News Business Digital Payments

UPI MDR Rollout May Be Delayed to January 2027: What the ₹2,000 Fee Means

The proposed 0.4% MDR on select UPI merchant payments above ₹2,000 may be delayed from October 15 to January 2027. Here is what the possible delay means for merchants and consumers.
Posted by Rumorrush October 9, 2026
From UPI to ULI: Building India’s Next Digital Credit Layer
Posted inBanking Credit Digital Payments

From UPI to ULI: Building India’s Next Digital Credit Layer

India’s financial ecosystem has been reshaped by the Unified Payments Interface (UPI), which turned a fragmented payments landscape into a seamless, real‑time network used by billions. As the country moves…
Posted by Rumorrush December 24, 2025
PayNearby secures NPCI nod to launch UPI third‑party app
Posted inAir India Finance India

PayNearby secures NPCI nod to launch UPI third‑party app

PayNearby, a fast‑growing fintech startup, has received formal approval from the National Payments Corporation of India (NPCI) to operate as a UPI third‑party application. The clearance, announced on CNBC-TV18, marks…
Posted by Rumorrush December 24, 2025
Amazon Pay introduces biometric UPI payments: fingerprint and face authentication replace PIN
Posted inFinance Payments Technology

Amazon Pay introduces biometric UPI payments: fingerprint and face authentication replace PIN

IntroductionIndia’s digital payment ecosystem is on the brink of a major shift as the long‑standing requirement of entering a UPI PIN is set to disappear. Leading the change, Amazon Pay…
Posted by Rumorrush December 18, 2025
Nationwide UPI fraud crackdown sees 36,000 accounts blocked
Posted inCybersecurity Finance India News

Nationwide UPI fraud crackdown sees 36,000 accounts blocked

In recent weeks, India has witnessed a massive wave of unauthorized UPI transactions that left thousands of citizens financially vulnerable. Investigations reveal that over 36,000 bank accounts across the country…
Posted by Rumorrush December 17, 2025

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