India Today on MSN22d
UPI and RuPay merchant charges may return: What it means for you
The government is considering reintroducing merchant charges on UPI transactions and RuPay debit cards, reported The Economic Times, citing two senior bank officers. Currently, no merchant ...
Indiatimes21d
Government weighs return of merchant fees on UPI, RuPay transactions: Why user may not have to worry
The government is considering reinstating merchant charges on UPI and RuPay debit card payments for large merchants, which were waived in 2022. Fintech companies argue that these businesses can ...
rediff.com7d
PCI Urges MDR on UPI, RuPay
'The introduction of a reasonable MDR for large merchant transactions will allow the industry to continue investing in innovation, cybersecurity, grievance redressal, and merchant support ...
inc4222d
Banks Call For Return Of MDR On UPI, RuPay Debit Cards
Bankers have proposed that the Centre bring back merchant discount rate (MDR) on UPI and RuPay-based transactions for large merchants Merchants whose annual turnover is below INR 40 Lakh will ...
Business Today21d
Centre mulls bringing back MDR charges on UPI and RuPay transactions if your annual turnover exceeds...
The government may reintroduce merchant discount rate charges on UPI and RuPay transactions for large merchants, impacting the digital payments landscape. The Central government is contemplating ...