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 ...
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 ...
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UPI MDR charges: 'Burden does not fall on customers,' says FM Nirmala Sitharaman; calls misinformation claims 'wrong'
UPI MDR charges: She further stated that the charge is “levied by service providers to improve the system and provide better service, not for small transactions.” ...
UPI payments for mutual fund and other capital-market transactions will attract a 0.02% MDR from October 15, capped at ₹300 ...
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 ...
In an exclusive conversation with Times Now Digital, Former NITI Aayog Vice Chairman Rajiv Kumar explains why UPI MDR could encourage some merchants to shift back to cash and the impact that could ...
AMMKS has urged the Centre to offer zero or flat ₹5 MDR on UPI payments in fisheries, saying percentage charges hurt traditional fishermen. The group told Finance Minister Nirmala Sitharaman that fish ...
CHANDIGARH: Punjab and Haryana petrol pump dealers have urged the Centre to exempt them from the proposed 0.4 per cent Merchant Discount Rate (MDR) on UPI trans ...
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