Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
UK households handed extra £300 winter heating payments
The Scottish Emergency Heating Oil Scheme has been extended into winter UK households are being handed extra £300 winter heating payments as a government scheme has been extended. The Scottish Emergency Heating Oil Scheme was introduced on…
SC to hear plea against MDR on UPI payments tomorrow
The Supreme Court will on Monday hear a plea challenging the Centre's decision to impose a Merchant Discount Rate (MDR) on specified UPI person-to-merchant transactions of over Rs 2,000. Ending nearly six years of fully free UPI payments, the…
Australia is officially banning surcharges on card payments from October 1
News The removal of card surcharges in October may hit small businesses and rewards programs Written by Melissa Woodley Editor, Time Out Australia Update Monday, September 28: From October 1, the Reserve Bank will ban card surcharges in Australia…
ITWeb TV Biz: How Intellergy is fixing SA's broken payment reconciliation powered by AWS EEIP
Intellergy stopped by the ITWeb studio as part of the AWS Equity Equivalent Investment Program - a business acceleration initiative designed to support the growth of black-owned technology businesses within the AWS Partner Network. #aws #awseeip…
Stablecoin payments firm RedotPay completes financial audit ahead of planned IPO
Hong Kong-based stablecoin payments company RedotPay has completed a financial audit, a required step toward a U.S. initial public offering, as it pushes ahead with plans to take the business public, it said in a press release Monday. The company…
Quant's QNT token surges after Clearing House taps tech for bank payments
Quant's partnership creates a prominent real-world use case for its technology, fueling investor enthusiasm and causing a sharp price surge in QNT, though the direct link between network adoption and token demand remains unclear due to undisclosed…
What will Rwandan traders gain from BK joining China's yuan payment network?
For Rwandan traders importing goods from China, paying suppliers sometimes means finding US dollars, using Alipay or asking someone else to make the payment on their behalf and transferring the money. Gentil Tumukunde, an importer, said traders…
DWP confirms 5 state pensioner groups won't get Winter Fuel Payment in October
Winter Fuel Payment rates and eligibility dates for 2026 to 2027 have been confirmed. The DWP has confirmed the five groups of state pensioners who will not be eligible for a Winter Fuel Payment from October, when the payment starts to be paid out…
AI Turns Scattered Payment Data Into Smarter Routing Decisions
Artificial intelligence's near-term payments value may come less from autonomous checkout than from making the payment stack itself more intelligent and machine-readable. “There's a ton of payments optimization potential in these payments…
The Trust Paradox: Agent Payment Infrastructure Is Outpacing Consumer Readiness
September 2026 shipped more agentic commerce infrastructure in thirty days than the previous two years combined. Stripe flipped the switch on WebMCP across 7.8 million businesses. The OCC conditionally approved Catena Labs for a national trust bank…
DWP told to stop PIP payments for 52,210 claimants with vague condition
The Department for Work and Pensions has handed Personal Independence Payment to tens of thousands of benefits claimants with ' non-specific' back pain. The number of PIP claimants who have payments based on a so-called 'vague' condition has…
TenPayGo: Why WeChat Built a Separate Payment App for Tourists in China
Tencent has launched TenPayGo, a standalone payment app for foreign visitors to China that works wherever WeChat Pay is accepted, and the most revealing thing about it is what it leaves out. Travellers sign up with an email address rather than a…
6 million households getting £150 cost-of-living payments from October
Cost-of-living support is on the way for six million households from October. More people now qualify for the £150 Warm Home Discount following recent rule changes. The Government support reduces energy bills one time only over winter, easing…
No UPI Day on October 2: Mobile retailers protest proposed 0.4% MDR on UPI payments
Mobile phone retailers across India will observe October 2 as 'No UPI Day' to protest the proposed 0.4% Merchant Discount Rate (MDR) on certain UPI merchant transactions above ₹2,000. The protest has been called by the All India Mobile…
Pensioners could increase DWP payments by £358 with National Insurance check
State pensioners may be able to increase their annual payments by up to £358.50 for each additional qualifying year added to their National Insurance record. Entitlement to the Department for Work and Pensions (DWP) State Pension and its…
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