UPI

Free Instant Payments Still Need a Revenue Model

Free Instant Payments Still Need a Revenue Model
Free Instant Payments Still Need a Revenue Model
October 02, 2026  |  Real-Time Payments

Instant payments may look free to the person tapping “send,” but somebody must pay to keep the money moving around the clock. News surrounding India’s...

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India Brings Merchant Fees to Popular UPI Payment System
India Brings Merchant Fees to Popular UPI Payment System
September 16, 2026  |  Payment Methods

For six years, India’s United Payments Interface (UPI) has been free for everyone involved, but that’s reportedly about to change. Reuters reported Wednesday (Sept. 16) that India is...

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Apple Prepares to Bring Apple Pay to India
Apple Prepares to Bring Apple Pay to India
January 21, 2026  |  Apple

Apple is reportedly working on bringing Apple Pay to India sometime this year. That’s according to a report Wednesday (Jan. 21) from the website Moneycontrol,...

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Walmart’s PhonePe Gets Regulatory OK for Indian IPO
Walmart’s PhonePe Gets Regulatory OK for Indian IPO
January 20, 2026  |  IPO

PhonePe, India’s largest digital payments company, is reportedly closer to going public. The Walmart-backed firm’s initial public offering (IPO) has gotten the approval of regulators,...

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India Bringing Biometrics to National Payments System
India Bringing Biometrics to National Payments System
October 07, 2025  |  Biometrics

India is reportedly preparing to introduce biometric authentication to its national domestic payments network. Starting Oct. 8, users of the United Payments Interface (UPI) will...

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India Turns to Instant Payments Network to Expand Credit Access
India Turns to Instant Payments Network to Expand Credit Access
August 31, 2025  |  Real-Time Payments

India is campaigning for greater loan activity on its national digital payments network. As the Financial Times (FT) reported Sunday (Aug. 31), The National Payments...

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India: No Plans to Intro New Fees on UPI Transactions
India: No Plans to Intro New Fees on UPI Transactions
June 12, 2025  |  Payments As A Service

India’s government is denying rumors of new fees on the country’s popular instant payment system. “Speculation and claims that the MDR will be charged on...

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Amazon Invests $41 Million in Amazon Pay India
Amazon Invests $41 Million in Amazon Pay India
April 25, 2025  |  Amazon

Amazon invested Rs 350 crore (about $41 million) into Amazon Pay India, the Economic Times reported Friday (April 25), citing regulatory filing with the Registrar...

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