Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
India paves way for return of merchant fees on digital payments
NEW DELHI/MUMBAI, Aug 4 (Reuters) - India has moved a step closer to reintroducing merchant fees on transactions made through its popular Unified Payments Interface (UPI) after proposed changes to the country's payments laws were introduced…
$3,000 payments offered to tenants with vehicles trapped in unsafe Glen Burnie building garage
A $3,000 payment will be provided to help cover transportation expenses for people whose vehicles have been trapped for weeks in the parking garage beneath the Empire Towers building in Glen Burnie, Maryland, which was evacuated and deemed unsafe…
HMRC urges households to 'sign up' for free £2,000 payments
Tax-Free Childcare can provide up to £2,000 per year per child HM Revenue and Customs (HMRC) is urging households across the UK to “sign up” for £2,000 worth of payments per year. The money comes from the Government's…
SA medical practices can now reduce card transaction costs with first-to-market payment solution
Healthcare 0% transaction fees. As South African medical practices continue to navigate rising operating costs, Altron FinTech has introduced a new way to manage payment expenses. The company today announced the launch of a first-to-market payment…
Your Mortgage Payment Will Jump a Year After You Buy
You took a 30-year fixed mortgage specifically so the payment would never change. Then a letter arrives around month thirteen and the payment is $180 higher. Nothing broke, and no one misled you — your rate is fixed, but only about…
Payments firm FIS shares slide after outlook cut
Aug 4: Banking and payments processing firm Fidelity National Information Services cut its annual revenue and profit forecasts on Tuesday, amid economic uncertainty, sending its shares down more than 10 per cent in premarket trading. •…
UPI Charges Possible In Future? Centre Tables Bill To Allow MDR On Select Digital Payment Modes | Dynamite News
Post Published By: Ayushi Bisht Updated: 4 August 2026, 3:05 PM IST New Delhi: The Centre on Tuesday introduced a Bill in Parliament seeking amendments to the Payment and Settlement Systems Act, 2007, which could allow the government to impose…
Government paves way for MDR fee on UPI, RuPay debit card payments to big merchants
After months of speculation that a fee may be levied on Unified Payments Interface (UPI) transactions, the Ministry of Finance has paved the way for banks and system providers to impose a fee on them as well as RuPay debit card payments to large…
Agentic Payments Turn Proof Into Competitive Advantage
The inflection in agentic AI won't be defined by what agents can do, since that capability is arriving regardless. It will be defined by which banks can prove what their agents did. The next phase of agentic AI in payments will be shaped by a…
Earnings Show Banks Chasing Mid-Market With Payments Platforms
But those same banks, as highlighted by this quarter's most recent earnings reports, are now realizing the possibilities available to monetize the intelligence, controls and workflows surrounding the movement of money. J.P. Morgan Payments produced…
Real-Time Payments Help Banks Win the Whole Commercial Relationship
That's the case for financial institutions and their clients who are savvy to what real-time infrastructure can offer their corporate finance function. The PYMNTS Intelligence report “ The Bankers' Playbook: The ROl Case for Instant B2B…
Digital Wallets Reach More Than 1 in 10 In-Store Payments
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Andy Burnham and John Healey £252 payments for pensioners who retired after 2016
Andy Burnham and John Healey could hand state pensioners a cool £252 every week from next spring - after the pair committed to maintaining the triple lock. The Labour Party Prime Minister and his Chancellor will confirm next year's state…
Andy Burnham and John Healey '£13,149 payments' for state pensioners next year
The full state pension could rise to £13,149 a year after Andy Burnham, the Labour Party Prime Minister, confirmed he'd be sticking with the Triple Lock. Mr Burnham and Chancellor John Healey will confirm next year's state pension increase at…
Card Networks Push Beyond Payments to Lock In Growth
Visa discussed credentials, money movement and tokenization. Mastercard repeatedly described a continuum that links network scale, data and value-added services. Capital One devoted much of its discussion to building the Discover Network into a…
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