The NPCI framework and the FAQs issued with it do not stipulate that multiple payments relating to a single bill must be ...
The exchange has sharpened attention on how the committee's earlier recommendation relates to NPCI's new UPI merchant charge ...
Elara Securities estimates a 0.4 per cent MDR on UPI transactions above Rs 2,000 would have limited Ebitda impact on most ...
Through the notices, shopkeepers are warning customers that UPI payments may not be available for higher-value purchases ...
UPI AutoPay SIPs and OTT subscriptions will not carry the prescribed MDR.One-time mutual fund and capital-market UPI payments ...
RBI Deputy Governor SC Murmu said the introduction of MDR on select UPI transactions is unlikely to increase cash usage, ...
UPI will introduce a merchant discount rate on higher-value transactions from October 15, 2026, while small payments and ...
The National Payments Corporation of India (NPCI) will introduce a 0.4% merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions exceeding Rs2,000 ($20.8) with the charges to be a ...
Understand UPI MDR, GST on MDR, ITC eligibility, MDR caps, accounting treatment and whether GST on MDR amounts to tax on tax.