NPCI CEO Dilip Asbe stated the new Merchant Discount Rate (MDR) for UPI is unlikely to impact transaction volumes. He stressed that revenues from the new structure would be invested back into the ...

The move comes ahead of the new MDR regime, under which merchants will have to pay a 0.4 per cent charge on eligible UPI ...

UPI merchant payments above Rs 2,000 now face a 0.4% MDR, with exemptions and a Rs 300 cap. We explain who pays, whether costs could reach consumers, and why the new UPI charge has sparked a debate ...

Traders across Madhya Pradesh are preparing to observe a “No UPI Day” on September 23, protesting against the proposed ...

Traders across India have been urged to observe October 2 as No UPI Day against the proposed 0.4% MDR on specified high-value UPI payments. FRTWA president Viren Shah said the campaign seeks trader ...

Finance Minister Nirmala Sitharaman has clarified the new UPI Merchant Discount Rate framework, stating that consumers will ...

With the introduction of the new MDR framework for UPI, brokerages may face additional costs when clients make payments ...

One of the biggest beneficiaries amongst all the banks in India is YES Bank, which holds a dominant position both as an ...

They said dealers earn a margin of Rs 2.25 a litre on diesel and Rs 3.54 on petrol and are already facing rising overheads, including staff wages and outlet and toilet maintenance costs.

The association insisted that petroleum outlets must continue to be covered under the existing zero-MDR facility for digital ...

The government has officially announced a new UPI MDR framework effective October 15, 2026. Discover how the 0.4% fee works, category caps, and why consumers won't pay a rupee.

An analysis by Elara Capital's Karan Taurani estimates that NYKAA would see the highest consolidated EBITDA exposure at 2.6% ...