The Union Budget 2026 has an outlay of Rs 2,000 crore for UPI and RuPay platform transactions for FY27, a nearly 10 per cent ...

The UPI transaction value growth has already dropped to 13 percent even though volume growth remains robust at around 28 percent ...

The Union Budget has allocated a ₹2,000 crore incentive to promote low-value, peer-to-merchant (P2M) unified payments interface (UPI) and RuPay debit card transactions, even as such payments continue ...

The incentives have become crucial for digital payment companies as UPI and RuPay debit card transactions currently operate ...

Finance Minister Nirmala Sitharaman has unveiled a Rs 2,000 crore subsidy for UPI and RuPay debit card payments in the Union Budget 2026.

While the government has maintained that UPI remains a ‘public good’, the budget announcement has again sparked conversation ...

The Centre has allocated INR 2,000 Cr under the incentive scheme for promotion of RuPay debit cards and low-value BHIM-UPI ...

Last year, the government paid Rs 2,196 crore by way of this subsidy, which is offered to banks for processing UPI and RuPay debit card payments free of charge. The subsidy is only applicable for ...

New Delhi: With the latest update from the National Payments Corporations of India (NPCI), you no longer need to rely only on your bank account to make UPI payments. Users can now link their RuPay ...

Bankers have proposed that the Centre bring back merchant discount rate (MDR) on UPI and RuPay-based transactions for large merchants Merchants whose annual turnover is below INR 40 Lakh will remain ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This launch is part of the bank’s broader objective to offer modern, ...

In this article, we will talk about the RuPay payment network of India and see how it works. Since its launch, RuPay has emerged as the largest shareholder in the Debit Card Market. Today, the ...