The policymakers must act decisively. MDR isn’t just a fee—it’s a tax on progress. Letting it creep in now risks unraveling a ...
Industry associations and companies in the United States, including the US Chamber of Commerce, Coalition of Services ...
The third edition of Lollapalooza India marked a high point for the country’s live music scene with record attendance and ...
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UPI faces widespread outage, causing payment inconvenience for thousands as users share memesIndia's Unified Payments Interface (UPI) is currently facing disruptions, leaving thousands of users unable to make payments ...
RuPay has unveiled its campaign with actor Hrithik Roshan for its "instant payments, UPI-linked credit card" card. The digital campaign also features actor Mihir Ahuja, taking a dig on Hrithik for ...
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 ...
The PCI has also sought to introduce an MDR structure on RuPay debit card transactions applicable to merchants of all sizes. MDR refers to a fee that merchants pay banks or companies processing ...
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 ...
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 ...
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