#fintech
UPI MDR From October 15: Who Pays and Who Is Exempt?
UPI MDR comes into effect from October 15 The government will introduce a Merchant Discount Rate on select UPI merchant payments from October 15, 2026. Under the new framework, eligible person-to-merchant transactions above Rs 2,000 will attract an MDR of up to 0.40 per cent. PhonePe CEO Sameer Nigam said the framework creates
UPI MDR From October 15: Who Pays and Who Is Exempt?
UPI MDR comes into effect from October 15 The government will introduce a Merchant Discount Rate on select UPI merchant payments from October 15, 2026. Under the new framework, eligible person-to-merchant transactions above Rs 2,000 will attract an MDR of up to 0.40 per cent. PhonePe CEO Sameer Nigam said the framework creates
India, Canada Eye Investment Treaty and ₹4.65 Lakh Cr Trade
India and Canada have agreed to deepen investment and financial cooperation while targeting CAD 70 billion in bilateral trade by 2030. Treaty talks could strengthen investment ties India has expressed its readiness to begin negotiations with Canada on a Bilateral Investment Treaty at the earliest, marking another important step in the revival of economic relations between New Delhi and Ottawa.
India, Canada Eye Investment Treaty and ₹4.65 Lakh Cr Trade
India and Canada have agreed to deepen investment and financial cooperation while targeting CAD 70 billion in bilateral trade by 2030. Treaty talks could strengthen investment ties India has expressed its readiness to begin negotiations with Canada on a Bilateral Investment Treaty at the earliest, marking another important step in the revival of economic relations between New Delhi and Ottawa.
UPI Charges: Parliament Clears Way for Future MDR
Parliament has cleared an amendment allowing the Centre to reshape the zero-MDR framework for UPI and other notified digital payments. No new UPI charge has taken effect yet, while the government says customers will not directly bear MDR charges. India has moved closer to potentially introducing Merchant Discount Rate charges on some UPI merchant transactions after Parliament cleared changes to the law governing digital payment charges. The Taxation a
UPI Charges: Parliament Clears Way for Future MDR
Parliament has cleared an amendment allowing the Centre to reshape the zero-MDR framework for UPI and other notified digital payments. No new UPI charge has taken effect yet, while the government says customers will not directly bear MDR charges. India has moved closer to potentially introducing Merchant Discount Rate charges on some UPI merchant transactions after Parliament cleared changes to the law governing digital payment charges. The Taxation a
UPI Fee Above Rs 2,000 Proposed: What Users Should Know
India has proposed a legal change that could permit merchant fees on selected UPI payments, including transactions above Rs 2,000. No fee has been finalised, and the proposals mainly target large merchants rather than customers, small shops or personal transfers. UPI Fee Has Not Been Introduced Yet UPI payments above Rs 2,000 are not automatically becoming chargeable. A proposed amendment to the Payment and Settlement Systems Act woul
UPI Fee Above Rs 2,000 Proposed: What Users Should Know
India has proposed a legal change that could permit merchant fees on selected UPI payments, including transactions above Rs 2,000. No fee has been finalised, and the proposals mainly target large merchants rather than customers, small shops or personal transfers. UPI Fee Has Not Been Introduced Yet UPI payments above Rs 2,000 are not automatically becoming chargeable. A proposed amendment to the Payment and Settlement Systems Act woul
Visa 2,600 Job Cuts in 2026 Target Technology Teams
Visa Restructures Workforce Despite Strong Business Growth Visa is cutting approximately 2,600 jobs, representing about 7% of its global workforce. Technology and product teams will face most of the reductions as the payment company improves efficiency and redirects resources towards AI and other growth opportunities. Visa 2,600 Job Cuts in 2026 Target Tech and Product Teams Visa's 2,60
Visa 2,600 Job Cuts in 2026 Target Technology Teams
Visa Restructures Workforce Despite Strong Business Growth Visa is cutting approximately 2,600 jobs, representing about 7% of its global workforce. Technology and product teams will face most of the reductions as the payment company improves efficiency and redirects resources towards AI and other growth opportunities. Visa 2,600 Job Cuts in 2026 Target Tech and Product Teams Visa's 2,60
PNB Quantum Finance Hub in Amaravati: MoU Details
Amaravati Gets India’s First Bank-Led Quantum Finance Hub Punjab National Bank and the Andhra Pradesh government have partnered to establish a Quantum Finance Hub at Amaravati Quantum Valley. The initiative will use quantum computing and AI to improve cybersecurity, fraud detection, and digital banking innovation. PNB, Andhra Pradesh Launch Quantum Finance Hub in Amaravati Ama
PNB Quantum Finance Hub in Amaravati: MoU Details
Amaravati Gets India’s First Bank-Led Quantum Finance Hub Punjab National Bank and the Andhra Pradesh government have partnered to establish a Quantum Finance Hub at Amaravati Quantum Valley. The initiative will use quantum computing and AI to improve cybersecurity, fraud detection, and digital banking innovation. PNB, Andhra Pradesh Launch Quantum Finance Hub in Amaravati Ama
Kunal Shah Named WhatsApp CEO As Meta Invests $900 Million In CRED
Kunal Shah To Lead WhatsApp As Meta Bets Big On CRED CRED founder Kunal Shah is set to lead WhatsApp globally as Meta invests $900 million in CRED, triggering both growth expectations and fintech data concerns. Kunal Shah To Lead WhatsApp As Meta Bets Big On CRED CRED founder Kunal Shah is set to become the global CEO of WhatsApp, marking a major leadership move involving an Indian en
Kunal Shah Named WhatsApp CEO As Meta Invests $900 Million In CRED
Kunal Shah To Lead WhatsApp As Meta Bets Big On CRED CRED founder Kunal Shah is set to lead WhatsApp globally as Meta invests $900 million in CRED, triggering both growth expectations and fintech data concerns. Kunal Shah To Lead WhatsApp As Meta Bets Big On CRED CRED founder Kunal Shah is set to become the global CEO of WhatsApp, marking a major leadership move involving an Indian en
What Happens to Your Digital Assets After Death? A Guide to Social Media and Crypto
In today’s digital world, a significant part of our lives exists online—from social media accounts and emails to cloud storage and cryptocurrency investments. While people carefully plan the inheritance of physical assets like property and savings, digital assets are often overlooked. The question of what happens to accounts on platforms like Facebook and
What Happens to Your Digital Assets After Death? A Guide to Social Media and Crypto
In today’s digital world, a significant part of our lives exists online—from social media accounts and emails to cloud storage and cryptocurrency investments. While people carefully plan the inheritance of physical assets like property and savings, digital assets are often overlooked. The question of what happens to accounts on platforms like Facebook and









