The government is reviewing a proposal to reintroduce merchant discount rates (MDR) on UPI and RuPay transactions for large ...

The government may introduce a tiered pricing system for UPI transactions, where larger merchants would incur higher charges, ...

Government's move aims to create a level playing field with private card networks like Visa and Mastercard, which still ...

The Indian government is considering reinstating MDR on UPI and RuPay transactions for merchants with a turnover above Rs 40 ...

As per reports, the banking industry's large merchants have made a formal request to reintroduce MDR on UPI transactions to ...

Before 2022, merchants had to pay a nominal fee, called the merchant discount rate (MDR), to banks for processing UPI and ...

Here’s a close look at the MDR’s journey over the years and what its reintroduction will mean for large merchants, banks and ...

The government may reintroduce merchant discount rate charges on UPI and RuPay transactions for large merchants, impacting ...

Bankers have proposed that the Centre bring back merchant discount rate (MDR) on UPI and RuPay-based transactions for large ...

Currently, there is no merchant discount rate (MDR) on UPI and RuPay debit card transactions processed through the National ...

Merchant payments now account for around 62 percent of all UPI transactions, up from 40 percent in January 2022 ...

The government may be considering bringing back merchant charges on transactions made using Unified Payments Interface (UPI) and RuPay-powered debit cards. However, this is for large merchants whose ...