Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
VEON and Beeline Kazakhstan Sign Payments Cooperation Memorandum with National Bank of Kazakhstan
Five-year framework to explore connecting VEON's digital services with Kazakhstan's national payments infrastructure DUBAI / ALMATY, 15 September 2026 - VEON Ltd. (Nasdaq: VEON) (“VEON”), a global digital operator, today announced…
China cracks down on big firms delaying payments to cash-strapped SMEs
Beijing is planning a carrot-and-stick approach to stop large corporations from exploiting their market dominance to delay payments to small and medium-sized enterprises (SMEs) as part of a broader campaign to curb cutthroat competition. “In…
Merchants Don't Need To Pick A Winner In The New Payments Rail Race
Dimitri Akhrin, BAMS eCommerce Merchant Processing, advises businesses on merchant account trends and negotiating with banks from strength. Open any payments trade publication this year and the same story surfaces: a rail arms race. In June, Open…
Why cash continues to thrive even as India's digital payments grow
Every year, more Indians tap, scan and swipe. Every year they also hoard more paper. The Reserve Bank of India (RBI) - the country's central bank - now has 176 billion banknotes in circulation. It's printing 28-30 billion fresh ones across six…
What are the monthly payments on a $250,000 home equity loan if opened this September?
With approximately $11 trillion in home equity that's considered borrowable, according to a report released earlier this year, homeowners in need of extra financing this September may increasingly find themselves turning to home equity loans as a…
New UPI Charges: What Merchants And Users Need To Know About Digital Payment Fees
The Indian government has rolled out a significant new framework introducing a 0.4 per cent charge on UPI payments exceeding Rs 2,000 to merchants, marking the end of the zero-MDR regime and reshaping the landscape of digital transactions. A 0.4%…
Government bars fees on UPI payments up to Rs 2,000, RuPay debit card payments
The Ministry of Finance on Monday notified that banks and system providers cannot levy charges on UPI transactions of up to Rs 2,000 and RuPay debit card payments. “No bank or system provider shall impose, whether directly or indirectly, any…
India consults banks, payment firms on fees for large UPI payments, sources say
India's payments authority is talking to lenders and payments firms on Tuesday to discuss levying charges on large transactions in the world's largest retail fast-payment system, three sources familiar with the plans told Reuters. The…
UPI payments over Rs 2,000 to merchants will attract 0.4% fee
Merchants will have to pay a fee of 0.4 per cent on receiving payments of more than Rs 2,000 via UPI starting from October 15, the National Payments Corporation of India (NPCI) said on Tuesday, a day after the government notified that smaller-value…
DWP confirms 17 hormone conditions that qualify for £748 monthly payments
The Department for Work and Pensions (DWP) has confirmed the full list of 17 hormone conditions that qualify for £748 payments. PIP is a disability benefit intended to help with everyday tasks and extra living costs if someone has a long-term…
Four payments students in Scotland could claim for providing unpaid care
Students across Scotland are being encouraged to check whether they could be entitled to extra financial support if they provide unpaid care while studying at college or university. Social Security Scotland has highlighted four payments available…
USDT Payments Feature in Polish Energy Giant's Failed $230M Oil Deal
The world's largest stablecoin by market cap, Tether's USDt, was reportedly used in a failed Venezuelan oil trade that cost Poland's largest energy giant $230 million in late 2023, according to the Financial Times. That was after the Caracas-based…
DWP confirms 2.2 million pensioners could pay back double winter fuel payments this year
State pensioners who earn too much and fail to opt out are being targeted to repay their winter fuel payments Fresh figures reveal that over 2.2 million individuals are expected to face repayment of their Winter Fuel Payments. The Department for…
Pensioners urged to check eligibility for up to £316 heating payment this week
Older people across Scotland are being urged to check whether they qualify for a heating payment worth up to £316.70 before the crucial eligibility week gets under way. The qualifying week for the 2026/27 Pension Age Winter Heating Payment…
New Adult Disability Payment claims could take until next year to process
People making a new claim for Adult Disability Payment (ADP) this month could potentially be waiting until early next year for a decision if their application takes around the latest typical processing time. New figures from Social Security…
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