#Digital Payments

As AI reshapes payments, security needs the industry in the room

PayU sues Yes Bank, ICICI Bank, Visa over MCC misuse. HC asks RBI to mediate

In its order, the Delhi HC has asked the RBI to depute a senior officer to help the parties reach a resolution within 30 days.

NPCI FY26 revenue up 22% to Rs 4,240 crore, profit drops

NPCI’s surplus (profit) declined 32% to Rs 991 crore in FY26 from Rs 1,461 crore in the previous fiscal.

Govt notifies rules on UPI MDR; NPCI expected to issue circular in two weeks

The government has, however, specified that banks and other system providers cannot impose any charge on RuPay-powered debit cards and UPI payments of up to Rs 2,000.

UPI in Aug: Digital gold purchases value tick up

The overall value of merchant category-wise purchases via UPI fell to Rs 8.95 lakh crore in August from Rs 9.07 lakh crore in July, even as transaction volumes rose.

Piston raises Series A funding led by FPV Ventures

The funding round also saw participation from existing investors Spark Capital and Pear VC.

PhonePe secures UAE domestic payments licences

The IPO-bound company this week received in-principle approval for two domestic payments licence from the Central Bank of the UAE (CBUAE).

PhonePe, Visa partner to bring cardless payments to Indian consumers globally

PhonePe said the partnership builds on its Visa device tokenisation offering launched in February 2025.

Circle to acquire Tazapay in $400 million deal

Circle will also grant Tazapay employees restricted stock units worth an aggregate $25 million after the acquisition closes.

Exclusive: RBI extends payment aggregator merchant KYC deadline by six months, sources say

The six-month extension is expected to provide some breathing room to PAs that were unlikely to complete the exercise across their entire merchant base by September 15.

Tazapay to expand Bengaluru team to over 150 in 18 months

The hiring will focus on engineering, product and treasury operations.

Innoviti FY26 revenue from operations down around 17%

Innoviti's net loss narrowed by 57% to Rs 26.7 crore in FY26 from Rs 62.1 crore in the previous fiscal.

WhatsApp rolls out bill payments in India

The service is powered by the Bharat Connect (BBPS) network and provides access to 22,722 billers across 30 categories.

Pine Labs ropes in Razorpay's Jayaram Karthik as COO

Karthik brings more than 25 years of experience spanning operations, technology, analytics, and risk management.

PayGlocal secures US FinCEN registration

PayGlocal said that the FinCEN registration will help it build the compliance, banking and payments infrastructure needed to support its US operations.

PhonePe expands UPI access to feature phones with offline payment service

The service will be available on select devices from Nokia, HMD, Lava International, and Itel Mobile, with more handset partnerships expected in the coming months.

PhonePe wins PoS terminal contract from IOCL, but at what cost?

PhonePe has emerged as the lowest bidder, but the economics behind the mandate raise questions about how much the company is willing to pay for growth.

Cashfree in acquisition talks with Pine Labs, Paytm [Exclusive]

Cashfree, which had attracted fresh venture funding early last year, has been on the block for the last three to four months.

Juspay books Rs 62 crore net profit in FY25; revenue stood at Rs 514 crore

With the industry shifting from payment aggregators halting third-party routing to the online gaming ban, it will be worth watching how Juspay’s FY26 numbers evolve.

Manipal Payment and Identity Solutions files draft papers for IPO via confidential route: report

The company aims to raise around Rs 1,200 crore via the IPO, which will comprise of primary and secondary components.