From Oct. 15, a 0.4% MDR will apply to person-to-merchant UPI payments above Rs 2,000. The charge will be paid by merchants, ...

The Arunachal Chamber of Commerce and Industries (ACCI) has urged the central government to raise the threshold for merchant discount rate (MDR) on the Unified Payment Interface (UPI) from Rs 2,000 to ...

Discover how Pine Labs is shifting to a transaction-led revenue model bolstered by UPI MDR changes, featuring strong growth ...

The MDR could pressure margins for retailers with larger baskets, while lower-ticket businesses remain largely insulated.

The proposed 0.4% MDR on UPI transactions above ₹2,000 will increase costs for retailers with higher average order values, ...

UPI’s new MDR structure could generate around ₹15,000–20,000 crore annually, broadly matching the estimated cost of running its payment infrastructure. But the ₹20,000-crore figure is not a fixed ...

Will the return of Merchant Discount Rate (MDR) push Indians back to cash? In this episode of Scrutiny, author and political commentator Anand Ranganathan argues that India's digital payments ...

The finance minister said the new charge applies only to eligible merchant transactions above ₹2,000 and is a fee between ...

Union Finance Minister Nirmala Sitharaman on Monday said Merchant Discount Rate (MDR) charges on eligible UPI transactions will not be passed on to consumers. Speaking to ANI, Sitharaman said MDR is a ...

As Opposition continues to trade guns at the Centre over UPI charges, Union Finance Minister Nirmala Sitharaman on Monday ...

Is UPI still the most affordable digital payments tool? Today we take a look at what the NCPI's FAQ document states about how ...

Nirmala Sitharaman said that the Merchant Discount Rate (MDR) transaction charges on UPI payments will not be passed on to the consumers.