Payments Industry News
A collection of Payments latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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…
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…
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…
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…
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…
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%…
State pensioners set for boosted £250-a-week DWP payments
The full, flat-rate state pension is expected to rise by £488 a year in April Millions of state pensioners are set for a significant income boost as the state pension prepares to top £13,000 a year, reigniting a furious debate over its…
UPI Charges To Be 0.4% For Some Payments Above Rs 2,000. Free For Consumers
Summary is AI-generated, newsroom-reviewed UPI payments above Rs 2,000 at merchants will incur a fractional charge Person-to-person UPI transactions will remain free regardless of amount Merchants face a 0.4% fee capped at Rs 300 for transactions…
Tesco down LIVE: Customers report issues with online delivery payments | UK | News
Tesco customers have reported issues with paying for online deliveries Tesco has seemingly suffered an outage, with the supermarket giant's customers reporting issues paying for online deliveries. Downdetector shows a sharp rise in complaints…
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…
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