From October 15, UPI payments over ₹2,000 for fuel, railway tickets, and other services will incur a flat MDR of ₹5, as announced by NPCI. Meanwhile, for P2M transactions above ₹2,000 outside the ...
Tackling industry anxieties head-on at the Bengal Chamber of Commerce & Industry's (BCC&I) Financial Market Conclave in ...
Sources say the government is weighing checks to ensure merchants do not pass the proposed UPI MDR cost on to consumers as ...
When you invest in government securities through RBI Retail Direct using UPI, who will bear the payment-processing cost? With MDR rules for capital market transactions changing from 15 October, here’s ...
Finance Ministry has rejected allegations of US influence over UPI charges and has maintained that that the new MDR rules do ...
Proposed 0.4% UPI MDR could cost India's FMCG sector ₹2,300 crore annually, prompting calls for B2B exemptions.
An analysis by Elara Capital's Karan Taurani estimates that NYKAA would see the highest consolidated EBITDA exposure at 2.6% ...
As UPI MDR rules change from October 15, 2026, consumers making higher-value payments may need to understand what is changing and why ...
Mumbai, Sep 18 (PTI) Concerns that introducing a Merchant Discount Rate (MDR) would spur a surge in cash transactions are unlikely to materialise, RBI Deputy Governor Shirish Chandra Murmu said on ...
A new charge on select UPI transactions has become a concern for traders in Delhi, particularly retailers whose bills ...