Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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 ends free ride for larger transactions on its ubiquitous digital payments network
India has finally put a price on larger transactions on its ubiquitous digital payments network, ending years of free processing for merchants as authorities seek to make a system used for billions of payments each month financially…
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…
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…
eQ Plc's Board of Directors has decided the record date and payment date of the second instalment of the dividend for 2025
eQ Plc's Board of Directors has decided the record date and payment date of the second instalment of the dividend for 2025 The Board of Directors of eQ Plc has on 15 September 2026 decided the record date and payment date of the second instalment…
Federal authorities allege more than $10M in childcare payment fraud in California
Federal authorities charged a dozen people Tuesday for fraudulently collecting more than $10 million in government childcare payments, when the operators had few or even no actual children attending their facilities. The charges, jointly announced…
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.
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…
Federal authorities allege more than $10M in childcare payment fraud in California
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Fuel Payment, Phone Purchase, Restaurant Bills: UPI Charges Explained
Only a small number of merchants will pay the UPI charges. Summary is AI-generated, newsroom-reviewed Free UPI payments continue for person-to-person transactions regardless of amount sent Merchants pay 0.4% fee on payments above Rs 2,000, capped…
Winter Fuel Payment is back - but more than two million pensioners still won't get it
Pensioners will need all the help they can get this winter Reeves was forced to reverse her shock decision to restrict it to those on means-tested benefit Pension Credit, in just one of the many humiliating U-turns she became famous for. Now it's…
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%…
Federal authorities allege more than $10M in childcare payment fraud in San Diego
Federal authorities charged a dozen people Tuesday for fraudulently collecting more than $10 million in government childcare payments in Southern California, when the operators had few or even no actual children attending their facilities. The…
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