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The Modi government is reportedly planning to charge Merchant Discount Rate (MDR) on transactions above Rs 3000 through UPI.

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Mumbai: Fintech companies and digital lenders are seeking easier provisioning norms for loan pools backed by their guarantees, even as the central bank has flagged inadequate provisioning for ...

Labour have recognised their mistake and promised a partial u-turn, without saying who will get their fuel payment back and when. Now we need answers and an apology.” Last summer, Rachel Reeves ...

The court rejected PhonePe’s claim that, as a UPI system provider, it is not obligated to disclose such data under the Bankers’ Books Evidence Act, 1891, and the Payment and Settlement Systems ...

Victims are then directed to load money onto a prepaid card and provide the details over the phone to avoid the supposed consequences. The Sheriff's Office, in its post, clearly identified this ...

The Motability Scheme has issued a warning to watch out for phone calls about payments claiming to be from them. The organisation, which provides cars, scooters or powered wheelchairs to disabled ...

The world of digital payments is changing rapidly, and with consumers expecting more reliable and seamless transactions, the payments ecosystem has become more complex. As these innovations are ...

PhoneWorld is the most popular news and analysis website in Pakistan. It focuses on the mobile ecosystem and covers the latest news and hot topics. We offer comprehensive coverage of industry ...

India is one of the top fintech investment hotspots globally. According to a JM Financial report, in 2023, India accounted for 14 percent of the world’s fintech funding and ranked second in ...