Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
What are the monthly payments on a $90,000 home equity loan now?
A report released earlier this month showing home equity borrowing rising across the country wasn't surprising. With trillions of dollars to leverage now and interest rates on home equity loans, in particular, markedly lower than many borrowing…
UPI: The small fee raising big questions for India's payments revolution
India's decision to introduce a fee on some transactions made through its widely popular digital payments system has sparked a debate over its impact on businesses. The National Payments Corporation of India said on Tuesday that a 0.4% fee will…
India Puts a Price on Its UPI Payments Boom
Welcome to India Edition, Bloomberg's daily dive into what's moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I'm Menaka Doshi. If you didn't receive this directly in your inbox, you can subscribe here, and…
UPI fee: Why govt is putting a price on big merchant payments
The National Payments Corporation of India stated that the Merchant Discount Rate 'is distributed only amongst the UPI ecosystem, to further invest into infrastructure resilience, innovation, cybersecurity (protecting the UPI infrastructure with…
October 2026 DWP benefits and pension payment dates plus cost of living support
Autumn is well underway, with falling temperatures bringing the cost of living to the forefront of many people's minds across the UK. A rise in inflation to 3.1 per cent in August marked a five-month high, with fears of a costly winter on the…
Impact Of New UPI MDR On Digital Payments And Small Businesses In India
India's new 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 is sparking concerns among retailers, who fear it could reverse the significant gains in digital payment adoption and push small businesses back to cash…
What is BRICS Pay, and can it rival the West's SWIFT payments system?
The central theme of the BRICS bloc of nations is to push back against the global economic dominance of Western countries. That core value was very much at the centre of this year's 18th BRICS Summit, which took place last week in India. At the…
Viva Leisure warms up for payment platform sale, EY on board
Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.
BRICS, and the future of cross-border payments
The idea that BRICS countries should be able to pay each other without routing every transaction through the US dollar is older than most people assume. The Ufa declaration of 2015 asked member governments to examine wider use of national…
How agentic AI could reshape the way we make digital payments
The Global Fintech Fest (GFF) held in Mumbai last week saw many of the country's top payments companies showcase AI integration into their products. The National Payments Corporation of India (NPCI) unveiled MyUPI — an AI-powered revamp…
Households urged to check eligibility for €420-per-year payment
Households across Ireland are being urged to check if they are eligible for a payment worth up to €420 per year to help with energy costs - and a fully-funded TV Licence. The Household Benefits Package provides financial support towards the…
DWP £25 Cold Weather Payments could be replaced with new handout
The Department for Work and Pensions (DWP) Cold Weather Payment could be axed and replaced in a significant overhaul. The End Fuel Poverty Coalition has outlined a seven-point winter rescue plan for the Chancellor in a formal Budget submission. In…
Crypto Payments Are Going Mainstream: 23,000+ Merchants Now Accept Bitcoin
Crypto payments have moved beyond a niche use case, with public merchant directories now tracking tens of thousands of businesses that accept digital assets globally. Bitcoin remains the dominant payment cryptocurrency, while Ethereum, Litecoin…
Circle Launches Arc Blockchain for Payments and Tokenized Financial Markets
Circle has launched the public mainnet of Arc, expanding beyond its USDC stablecoin business with a blockchain built for payments, tokenized assets, financial markets, and automated economic activity worldwide. Circle launched Arc as a Layer 1…
'No rethink on 0.4% fee for UPI payments above Rs 2,000': Government sources
According to government sources, the move has been introduced in the broader interest of the UPI ecosystem, particularly to strengthen its safety and security. They said the decision to levy MDR, a practice followed in several other countries, was…
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