Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Real-Time Payments And The Future Of Enterprise Cash Management
Dr. Saheer Nelliparamban is the Founder & CEO at Paywint (instant payments), FiChecks (online checks) & GasDeck (gas station management). Within our current financial operations structure, money no longer moves according to scheduled plans.
RFK Jr.-Linked Group Offered Access to US Officials for Payment
A nonprofit group with ties to US Health and Human Services Secretary Robert F. Kennedy Jr. solicited payment from companies in exchange for access to top agency officials at an upcoming event, according to documents viewed by Bloomberg News. Ahead…
Understanding UPI MDR: Impact On Digital Payments And Small Businesses
A new Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000 is set to take effect from October 15, sparking a significant political debate in India regarding its impact on small traders, consumers, and the future of digital payments. A…
Thousands eligible for little-known social welfare payment with no set rate
There's a little-known one-off payment that households could be entitled to claim. The Department of Social Protection provides this payment, which has no upper limit, and there are two requirements you must satisfy to receive it. The Additional…
UPI payment hack? New app claims to split bigger bills into smaller payments
Ever since the Merchant Discount Rate (MDR) was announced for high-value UPI transactions, several payment splitting tools and apps are captivating attention on social media. In a recently shared video on X by a handle, QuickSplit POS is seen…
Exact date vital winter payment worth over €1,000 will return in September
The Fuel Allowance payment is set to resume in just a few days, with the 2026/2027 season expected to commbegin nce at the end of September as usual. Fuel Allowance is a financial support intended to help with heating costs during the colder months…
RBI Deputy Governor Murmu On UPI MDR, Digital Payments, And Regulatory Reforms
RBI Deputy Governor Shirish Chandra Murmu addresses key financial concerns, asserting that the new Merchant Discount Rate on UPI will not boost cash transactions and clarifying the 'cash paradox' while discussing regulatory reforms and AI…
Madhya Pradesh Fuel Pumps To Halt UPI Payments Over Rs 2,000 Due To MDR
Fuel pump dealers in Madhya Pradesh are set to halt UPI payments exceeding Rs 2,000 from October 16, raising significant concerns about the future of digital transactions and the impact of the proposed Merchant Discount Rate (MDR) on India's…
New PIP claimants most likely to get ongoing payments of £778 a month
Proposed changes by the Department for Work and Pensions (DWP) to Personal Independence Payment (PIP) have been put on hold until a review of the eligibility and assessment process has been completed. Minister for Social Security and Disability…
Lightspeed's 2026 Outlook: Payments-Led Strategy Drives Sustained Revenue Growth
Picture a restaurant owner in downtown Paris or a retailer in Toronto who needs to manage inventory, track staff hours, and process credit card payments all from one screen. These businesses turned to Lightspeed Commerce (LSPD -1.76%) to build…
Zcash targets November upgrade to make private payments up to three times faster
Zcash developers are targeting Nov. 5 an upgrade that would cut the time between blocks from 75 seconds to 25 to go live. The NU7 upgrade would also begin setting aside part of the network's transaction fees for future mining rewards. The timetable…
Popular way to cut mortgage payments could cost households £177,000
A mortgage warning has been issued - as a popular way to cut monthly payments could cost people a whopping £177,000. Stretching repayments over several extra years could leave some borrowers potentially paying £177,108 more. Someone…
Banks are falling behind on payment speed, cost
Key insights: Banks have an opportunity to improve user experience for P2P payments. What's at stake: Most P2P rails are fragmented, creating frustration for users. Forward look: There is a broader urgency around immediate fund availability in…
U.S. Sanctions Crypto Exchange Tied to Iran's Hormuz Transit Payments
The United States has sanctioned an Iranian cryptocurrency exchange that Treasury says was used to move payments collected from ships transiting the Strait of Hormuz into Iran's financial system. The Treasury Department's Office of Foreign Assets…
UPI fees: The economics of 'free' payments
The Taxation and Other Laws (Amendment) Act, 2026 changed Section 10A of the Payment and Settlement Systems Act, giving the Centre power to specify which payment modes remain protected. A September 14 gazette notification, followed by a September…
Receive a Daily briefing on Payments Industry News
Get Started