National News
ORIGEM Launches “First-In-India” 110% Lifetime Exchange Value, Disrupts The Lab-Grown Diamond Jewellery Market
With A New Exchange Proposition, The Brand Aims To Give Consumers An Additional 10% Value On Their Diamonds, Allowing Them To More Freely Upgrade Their Jewellery Choices
ORIGEM, a lab-grown diamond jewellery brand backed by Goldiam International Ltd., has introduced its 110% Lifetime Exchange Value proposition, marking a significant step towards redefining how consumers perceive the long-term value of diamond jewellery.


As consumers become more experimental with personal style and increasingly seek value beyond the point of purchase, ORIGEM is rethinking what ownership can look like. The brand has introduced a first-of-its-kind 110% Lifetime Exchange Value proposition, offering customers 110% exchange value on the diamond value of their ORIGEM jewellery for life, along with 100% exchange value on gold at the prevailing gold rate (subject to applicable terms and conditions).
The programme is designed to give consumers the option to revisit their jewellery choices more routinely – whether that means moving to a different design, celebrating a new milestone or simply choosing something that feels more relevant to them today. In doing so, ORIGEM is looking to make the purchase journey less about committing to one piece and more about creating room for choices along the way, while being rewarded for it.
Anmol Bhansali, Managing Director, Goldiam International Limited, said:
“The jewellery category has traditionally been built around the idea of permanence, but the consumer is changing. Today, personal style is far more fluid, and people want their purchases to work with the way they live and evolve. With ORIGEM’s 110% Lifetime Exchange Value, we are bringing that thinking into jewellery – giving consumers an added sense of confidence & financial security that their choice today will continue to hold value tomorrow. It is a step towards making the category more relevant to how consumers actually think and shop today.

This is increasingly relevant in the lab grown diamond space, where we hope to encourage our customers to experiment frequently across a much larger variety of shapes than is otherwise affordable with natural diamonds.”
Abhinav Kumar, President, ORIGEM, said:

“We believe the first purchase should be the beginning of the jewellery journey, not the end of it. Consumers should have the freedom to discover different designs and make new choices without feeling restricted by an earlier purchase. Our lifetime exchange programme is built to enable exactly that, to not just allow, but also to reward upgrading one’s jewellery while making the overall experience of owning Origem diamond jewellery more contemporary and consumer-friendly.”
The proposition also marks ORIGEM’s effort to build a differentiated consumer experience within the growing lab-grown diamond jewellery category. By placing greater emphasis on what happens after the purchase, the brand is expanding the conversation around jewellery from just acquisition to ownership.
With this initiative, ORIGEM aims to establish a new benchmark for how consumers perceive the long-term value of diamond jewellery — one that combines the emotional significance of the purchase with the freedom to fulfil new desires along the way.
The offer is live across ORIGEM Stores pan-India.
National News
MDR For UPI: Credit Card Bill Payments and Jewellery Purchases Remain Free For Consumers
Consumers Are Advised That Merchant-Imposed Surcharges On Card Or UPI Payments Violate Current Payment Guidelines
Following recent industry discussions regarding the updated Merchant Discount Rate (MDR) framework for Unified Payments Interface (UPI) transactions, financial experts and industry leaders have clarified that individual consumers will not incur any additional charges when paying credit card bills or purchasing high-value items like jewellery via UPI apps.
Zero Fees on Credit Card Bill Payments via UPI
Despite the implementation of the revised UPI MDR structure, consumers using UPI-enabled applications to pay their credit card bills remain entirely exempt from MDR fees.
No Cost Impact for Users: Cardholders can continue paying their bills through standard UPI QR codes or app-based transfers without losing reward points, credit float advantages, or incurring extra costs.
Understanding BBPS Fees: While standard bank-to-bank UPI transfers do not carry MDR, credit card bill payments processed through the Bharat Bill Payment System (BBPS) may incur small convenience or processing fees set directly by participating payment platforms under their own commercial terms—not as part of the UPI MDR framework.
Framework for Jewellery Purchases and High-Value Merchants
For high-value retail transactions, including jewellery purchases, regulatory guidelines mandate that the burden of MDR falls strictly on merchants, not customers:
Consumer Exemption: Merchants and payment platforms are prohibited from passing MDR charges or platform surcharges directly onto buyers.
Capped MDR for Jewellers: Under the revised Person-to-Merchant (P2M) framework for transactions exceeding Rs 2,000, jewellers and high-value merchants absorb a capped MDR of 0.4% (up to a maximum limit of Rs 300 per transaction for purchases of Rs 75,000 and above).
Payment Transparency: While jewellers absorb nominal fees for bank-linked UPI transactions, standard credit card fees continue to apply to credit card swipes and RuPay-credit card UPI transactions.
Consumers are advised that merchant-imposed surcharges on card or UPI payments violate current payment guidelines.
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