The Fine Print Behind the UPI MDR Debate
This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
Explore the latest news, in-depth reports, and executive analysis tagged with #Upi.
This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
The proposed amendment, tabled by FM Nirmala Sitharaman, marks a shift from the existing legal framework, under which UPI enjoys a statutory exemption from MDR.
In this edition, we unpack Paytm's renewed Postpaid push and what has changed since its heyday; and what Sarvam AI's appointment of frontier AI researcher Devendra Chaplot signals...
In a joint representation, seven UPI apps have raised concerns around competition, customer choice, market concentration, security, transaction success rates and operational complexity.
In this edition, we revisit the longest-running payments debate i.e. UPI MDR; and we explore what happens when sovereign AI, venture capital and national interest collide.
Online marketplaces saw growth both in terms of volume and value in June 2026, according to NPCI data.
Asbe's appointment received shareholder approval at Swift's recent annual general meeting and is expected to receive regulatory clearance in October.
A simple way to look at it is: Meta may have finally found a way to monetize WhatsApp; Cred gets fresh capital; and Kunal Shah gets a global role. But is that really the whole story?
The clarification comes after some users received notifications stating that wallets inactive for more than 12 months could attract a maintenance charge of up to Rs 100 per quarter.
The total value of merchant category-wise purchases through the Unified Payments Interface (UPI) increased to Rs 8.72 lakh crore across 14,721.30 million transactions in May 2026.
BharatPe Flex is designed to provide greater flexibility in managing everyday expenses without requiring users to switch to a separate payment platform.
Read about Project UPI Meta (a story with backstory). Also, we write how Industrial AI is beginning to move from experimentation to scaled deployment in India’s manufacturing sector.
UPI transactions across merchant categories witnessed a marginal decline in April 2026, with the total transaction volume slipping month-on-month to 14,110.22 million from 14,180.46 million in March.
If implemented, the move could simplify payment confirmations at crowded retail counters while reducing hardware and subscription expenses for merchants.
Under NPCI rules, the feature carries a maximum limit of Rs 5,000 per transaction and Rs 15,000 per month across the UPI network.
We write how India's Economic Survey paints an upbeat picture of fintech-driven growth, but reality is far more cautious; Activate's Pratyush Choudhury take on vibe coding.
In today's edition, we look into NPCI's branding issue; and how Flipkart’s Minivet AI deal highlights how India's largest companies are responding to the AI shift.
In this Money & Machines edition, we write on how payments are scaling faster than the defences protecting them; and India AI ambitions looks skewed as homegrown VCs look west for conviction.
In today’s edition, we uncover the messy underbelly of India’s gaming ban and its deep ties to UPI; and can RBI’s FREE-AI framework finally push finance into the AI age?
While the government insists UPI is free, hidden charges, unsustainable incentives, and industry frustrations tell a different story.