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Merchant Category

Exclusive: Reserve Bank of India cracks down on misuse of education payments

Exclusive: Reserve Bank of India cracks down on misuse of education payments

27 Feb 2026, 16:23 PM

The RBI has directed payment aggregators to stop the misuse of education merchant category codes (MCC)...

UPI in Dec: Broker value rebounds, debt collection ticks up after sharp Sep fall

UPI in Dec: Broker value rebounds, debt collection ticks up after sharp Sep fall

13 Jan 2026, 20:09 PM

The overall value of the merchant category-wise purchases via UPI rose to Rs 8.07 lakh crore in December across 13,482.38 million transactions.

UPI in Oct: Digital gold, clothing purchases soar, debt collections pick up

UPI in Oct: Digital gold, clothing purchases soar, debt collections pick up

20 Nov 2025, 13:57 PM

Online marketplaces witnessed 126.2 million transactions worth Rs 8,350 crore via UPI payments during the month as compared to 141.2 million transactions worth Rs 10,049.11 crore.

UPI in September: Debt collections drop to lowest in 2 yrs; games as a category removed

UPI in September: Debt collections drop to lowest in 2 yrs; games as a category removed

15 Oct 2025, 12:59 PM

The value of debt collection by agencies via the UPI had reached as much as Rs 93,857 crore across 161.36 million transactions in July 2025.

UPI

UPI's July leaders: 3 billion grocery payments, Rs 93,857 crore in debt collections

11 Aug 2025, 12:35 PM

NPCI has, for the first time, broken down UPI numbers by merchant category.

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