Ajinkya Kawale

The RBI's interoperability push will allow account aggregators to work across the network, reducing dependence on bilateral tie-ups and potentially improving customer onboarding for lenders

NPCI has postponed the levy of MDR on select UPI merchant transactions, originally due from October 15, while leaving the proposed fee structure unchanged

AAs are entities that move a customer's financial data from one institution to another, such as from a bank to a lender, but only with the customer's consent

Mittersain will become a non-executive director as Nazara reshuffles its leadership, appoints a new CFO and approves a ₹730.78 crore share allotment to five individuals

The SoftBank-backed payments technology firm's revenue rose 30 per cent to ₹664 crore in FY26, while investments in AI and international expansion weighed on profitability

NPCI MD and CEO Dilip Asbe joins Swift's 15-member supervisory board, which will oversee the global financial messaging network's strategy and strengthen international cooperation

Shares of Paytm, MobiKwik and Pine Labs declined amid reports that the proposed UPI merchant discount rate could be deferred to January 2027 from October 15

UPI MDR may be deferred to January 1, while the exemption for small merchants could be expanded to businesses with annual turnover of up to ₹40 lakh

A 0.4 per cent merchant discount rate takes effect on October 15, while small payments remain free; UPI recorded 802 million average daily transactions in September.

Razorpay Engage is rewriting product catalogues, managing campaigns and measuring performance as brands look to reach consumers discovering products through AI chatbots

Jio Payment Solutions is prioritising large enterprises and profitable segments as it seeks to expand in India's crowded digital payments processing market

Adyen's APAC President Gary Yang says India remains a key priority market, with plans to deepen its payments capabilities while expanding into fraud mitigation, loyalty, and usage-based billing

Londhe will lead global strategy and international expansion, while former CEO Jose Thattil becomes executive chairman to oversee strategy, fundraising and partnerships

The service is available on iPhone and iPad at launch, with support for Mac in the works; UPI and RuPay are not supported initially

UPI processed an average 802 million transactions a day in September, up about 1 per cent from August, while transaction value also remained firm despite the MDR backlash

Upasana Taku bought 1.07 lakh MobiKwik shares in two open-market transactions at about ₹198-199 apiece, taking her holding in the fintech firm to 80.65 lakh shares

Technology, public and financial sectors account for 44 per cent of cyberattacks in India, while firms are strengthening governance as AI agents pose new risks

18% GST on merchant discount rate could be reviewed

The core banking and card processing platform is exploring credit line on UPI and other use cases as India becomes one of its priority markets for FY27

From October 15, MDR will apply to certain UPI payments above ₹2,000 made to large merchants, while customers and eligible small vendors will continue to pay no fee