--- title: "UPI and Payments News, 29 Oct 2026 | bharat.digital" description: "UPI and Payments News from India on Thursday 29 October 2026, from newsrooms and official sources, each linked to the original." url: "https://bharat.digital/2026/10/29/payments/index.md" canonical: "https://bharat.digital/2026/10/29/payments/" published: "2026-10-29T14:09:51+05:30" updated: "2026-10-29T23:50:42+05:30" section: "Payments" date: "2026-10-29" language: "en-IN" site: "bharat.digital" --- # Payments: Thursday 29 October 2026 11 stories. Cite the publisher using original_url. ### Fino Payments Bank reports net loss of ₹20.9 crore in Q2FY27 - Source: BusinessLine - Published: 29 October 2026, 21:25 IST (2026-10-29T21:25+05:30) - Section: Payments - Link: https://bharat.digital/s/740a45be1de1 - original_url: https://www.thehindubusinessline.com/money-and-banking/fino-payments-bank-reports-net-loss-of-209-crore-in-q2fy27/article71641755.ece - Image: https://bharat.digital/img/740a45be1de1-l.webp Other income declined 24 per cent y-o-y to Rs ₹259 crore against Rs ₹340 crore in the year ago quarter ### UPI MDR set to deliver Rs 700 crore windfall for Paytm - Source: Medianama - Published: 29 October 2026, 20:18 IST (2026-10-29T20:18+05:30) - Section: Payments - Link: https://bharat.digital/s/32f57ebeda1e - original_url: https://www.medianama.com/2026/10/223-upi-mdr-windfall-paytm/ - Image: https://bharat.digital/img/32f57ebeda1e-l.webp Paytm could earn up to Rs 700 crore annually from UPI MDR, with gains potentially reaching Rs 900 crore by FY28. The company is also targeting UPI market share growth, lending expansion and AI services. ### Fino Payments Bank Posts ₹21 Cr Loss In Q2, Total Income Falls 17% YoY - Source: Inc42 - Published: 29 October 2026, 19:58 IST (2026-10-29T19:58+05:30) - Section: Payments - Link: https://bharat.digital/s/0c278fc2c5b2 - original_url: https://inc42.com/buzz/fino-payments-bank-posts-%e2%82%b921-cr-loss-in-q2-total-income-falls-17-yoy/ - Image: https://bharat.digital/img/0c278fc2c5b2-l.webp Fino Payments Bank posted a second consecutive quarter of loss in Q2 FY27, reporting a net loss of ₹20.9 Cr… ### SBI credit card holders alert! Extra fee by bank on high-value fuel and transport spends from December 1 - Details - Source: Mint - Published: 29 October 2026, 13:13 IST (2026-10-29T13:13+05:30) - Section: Payments - Link: https://bharat.digital/s/5f294446553b - original_url: https://www.livemint.com/money/personal-finance/sbi-credit-card-holders-alert-extra-fee-by-bank-on-high-value-fuel-and-transport-spends-from-december-1-details-11793258088760.html - Image: https://bharat.digital/img/5f294446553b-l.webp SBI Card will introduce a 1% fee on eligible high-value fuel and transportation transactions from 1 December 2026. Check the ₹30,000 transport threshold, ₹50,000 fuel spending limit, applicable charges and steps cardholders should take. ### Meesho to invest Rs 400 crore in payments arm, set up lending unit - Source: Medianama - Published: 29 October 2026, 12:02 IST (2026-10-29T12:02+05:30) - Section: Payments - Link: https://bharat.digital/s/c0db7e610f18 - original_url: https://www.medianama.com/2026/10/223-meesho-invest-payments-arm-lending-unit/ - Image: https://bharat.digital/img/c0db7e610f18-l.webp Meesho plans to invest up to Rs 400 crore in its payments subsidiary and establish a separate lending company. Its board also approved additional investments in Kirana Club and Retail Pulse Labs. ### The Future of UPI in India: MDR, Credit on UPI | Mindgate | The Economic Times | Bangalore - Source: The Economic Times - Published: 28 October 2026, 16:07 IST (2026-10-28T16:07+05:30) - Section: Payments - Link: https://bharat.digital/s/b541d4cb4f8e - original_url: https://economictimes.indiatimes.com/industry/banking/finance/the-future-of-upi-in-india-mdr-credit-on-upi-mindgate-the-economic-times-bangalore/videoshow/135261888.cms - Image: https://bharat.digital/img/b541d4cb4f8e-l.webp ### Beyond payments: Here is how Adyen is helping Prism globally through its unified payments platform - Source: The Economic Times - Published: 28 October 2026, 15:43 IST (2026-10-28T15:43+05:30) - Section: Payments - Link: https://bharat.digital/s/a4ccae40f6ac - original_url: https://economictimes.indiatimes.com/industry/banking/finance/beyond-payments-here-is-how-adyen-is-helping-prism-globally-through-its-unified-payments-platform/articleshow/135260730.cms - Image: https://bharat.digital/img/a4ccae40f6ac-l.webp As Indian enterprises branch out to international markets, a fragmented payments ecosystem, non-compatible with the local payment rails, can be a major roadblock. ### PhonePe launches ‘Tatkal NPS’: Key features, ₹250 micro contribution and more, How users can book directly on app - Source: Mint - Published: 28 October 2026, 15:24 IST (2026-10-28T15:24+05:30) - Section: Payments - Link: https://bharat.digital/s/29260a07542a - original_url: https://www.livemint.com/money/personal-finance/phonepe-launch-tatkal-nps-key-features-rs-250-micro-contribution-how-users-book-directly-app-retirement-micro-investment-11793177259983.html - Image: https://bharat.digital/img/29260a07542a-l.webp ### PhonePe rebrands Indus Appstore, expands into digital goods marketplace - Source: Entrackr - Published: 28 October 2026, 12:04 IST (2026-10-28T12:04+05:30) - Section: Payments - Link: https://bharat.digital/s/c94891071f40 - original_url: https://entrackr.com/snippets/phonepe-rebrands-indus-appstore-expands-into-digital-goods-marketplace-12760313 - Image: https://bharat.digital/img/c94891071f40-l.webp ### FASTag transactions declined over 3% in Sept as tag issuance rose: NPCI data - Source: Medianama - Published: 28 October 2026, 17:57 IST (2026-10-28T17:57+05:30) - Section: Payments - Link: https://bharat.digital/s/313a6d37c8a0 - original_url: https://www.medianama.com/2026/10/223-fastag-transactions-sept-2026-npci/ - Image: https://bharat.digital/img/313a6d37c8a0-l.webp NPCI's monthly data reveals that FASTag transactions went down by 13.66 million in Sept 2026 as daily volume dropped from 11.32 million in August to 11.25 million in September despite more tag issuance. ### India’s credit card base expands 9.5% y-o-y in September; spending moderates on high base: Jefferies - Source: BusinessLine - Published: 28 October 2026, 13:12 IST (2026-10-28T13:12+05:30) - Section: Payments - Link: https://bharat.digital/s/ad05deaa4dab - original_url: https://www.thehindubusinessline.com/money-and-banking/indias-credit-card-base-expands-95-y-o-y-in-september-spending-moderates-on-high-base-jefferies/article71634469.ece - Image: https://bharat.digital/img/ad05deaa4dab-l.webp Total credit card spending fell 6.2% y-o-y during the month, compared to a growth of 5.5% registered in the previous month