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Ajinkya Kawale

Reporter · IN

Indexed articles, last 90 days
6
Latest publication
Oct 1, 2026
Outlet visibility, for Rediff
Top 50K sites
Earliest in this view
Jul 28, 2026

Latest articles

  1. Article · Oct 1, 2026 · Ajinkya Kawale

    UPI Usage Holds Firm Despite MDR Backlash (opens the original)

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    UPI processed an average 802 million transactions a day in September, about 1 per cent more than the 792 million a day over the same period in August. Despite the backlash over the merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions, cumulative UPI usage has not taken a hit so far, shows data. UPI processed an average 802 million transactions a day in September, about 1 per cent more than the 792 million a day over the same period in August, data from the National Payme

  2. Article · Sep 25, 2026 · Ajinkya Kawale, Subrata Panda, Krity Ambey

    UPI MDR: 75% Of Merchants May Be Unaffected (opens the original)

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    75% of India's 60 million digital-payment merchants have never recorded a transaction above ₹2,000. Around three-fourths of India's more than 60 million digital-payment-accepting merchants have never recorded a transaction of over ₹2,000 and are insulated from the proposed levy on certain Unified Payments Interface (UPI) payments, National Payments Corporation of India (NPCI) Managing Director and Chief Executive Officer Dilip Asbe said on Thursday. Asbe's comment on the impact of the new 0.4 pe

  3. Article · Sep 11, 2026 · Ajinkya Kawale

    RBI launches UPI tap-to-pay, multi-currency forex on Bharat Connect (opens the original)

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    The Reserve Bank of India has rolled out significant enhancements to India's digital payment landscape, introducing UPI tap-to-pay for seamless transactions and expanding Bharat Connect's forex capabilities to include multiple international currencies. The Reserve Bank of India (RBI) Governor Sanjay Malhotra announced the launch of new products on India's real-time payments system Unified Payments Interface (UPI). This includes an ability to tap-to-pay using UPI at Point-of-Sale (PoS) terminals

  4. Article · Sep 2, 2026 · Ajinkya Kawale

    Now you can contribute to Nepal flood relief from India via UPI (opens the original)

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    India's UPI International payment system is now playing a crucial role in humanitarian efforts, enabling seamless disaster relief donations from Indian users to Nepal's Prime Minister Disaster Relief Fund, showcasing its growing global acceptance and utility beyond tourism. A digital payments rail designed to help Indian tourists buy lunch in Kathmandu is now carrying disaster relief money into Nepal. The embassy of Nepal in India has encouraged Indian users donating to the country’s Prime Minis

  5. Article · Aug 3, 2026 · Ajinkya Kawale, Udisha Srivastav

    Why AI Agents Can't Go Fully Autonomous Yet (opens the original)

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    The biggest challenge to widespread deployment is no longer AI. It is the financial and commerce infrastructure that was built decades ago for deterministic software and human interactions -- not autonomous AI agents. A year ago, the question of how far agentic use cases had advanced across India's financial services and digital commerce sectors had a simple answer: Almost everything was still a proof of concept. Today, the industry has edged closer to production. But the biggest challenge to wi

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