Indian digital payments system, UPI, is taking strides towards globalization to make digital payments available to Indian tourists who visit abroad destinations. This has been achieved by the collaboration between the international unit of NPCI, NPCI International Payments Limited (NIPL), and other foreign payment systems to facilitate digital transactions using QR codes from Indian banks. ...

The NPCI has deferred implementing the Merchant Discount Rate (MDR) for a limited number of Unified Payments Interface (UPI) transactions of merchants until after Diwali 2026. While initially these charges were supposed to be implemented from October 15, the new implementation date shall be communicated separately. This move by NPCI, which was announced on October ...

The two countries have reached an agreement on increasing cooperation in areas of defence and security, including joint development of Indian defence products at the 19th India-Vietnam Joint Commission meeting, which was held in New Delhi on September 14, 2026. The meeting involved discussions on various issues such as defence, trade, technology, energy, connectivity, and ...

The rules around UPI charges are changing from October 15, 2026, but the biggest clarification from the government is that ordinary users will not be charged for sending or receiving money through UPI. The new framework introduces a Merchant Discount Rate, or MDR, on certain merchant payments above ₹2,000. The distinction is important because MDR ...

The UPI is now a key component of Indian payments; however, the fast rise has made it necessary to ensure secure transactions, authenticate them, and improve the system’s capacity. For 2026, the National Payments Corporation of India (NPCI) has brought various UPI rules and security features for transaction limits, authentication, and accounts’ security. Firstly, there ...