#merchant discount rate
9 stories
IIT-Bombay Study Recommends MDR Cut to 0.08% from 0.4%
IIT-Bombay study urges MDR reduction to 0.08% from 0.4% for UPI transactions, excluding banks from bulk share.
The Economic Times · 1m
MDR Rollout Delayed to January 1
India's new UPI payment fee rules may start later than planned for merchants to prepare.
Financialexpress · 1m
FM Rejects UPI MDR Misconception
FM Nirmala Sitharaman clarifies UPI MDR won't burden consumers.
The Economic Times · 1m
UPI fee could recover up to Rs 15,000 crore annually
NPCI chief says 0.4% UPI fee may recover ₹13,000-15,000 crore yearly without charging customers.
The Economic Times · 1m
NPCI Chief: 0.4% UPI MDR Could Recover Rs 15,000 Crore
NPCI chief says proposed 0.4% UPI merchant discount rate could recover Rs 15,000 crore in first year.
The Economic Times · 1m
SBI to earn surplus from UPI MDR charges
SBI expects to generate surplus revenue from new UPI transaction fees starting October 15.
The Economic Times · 1m
Retailers may pass UPI MDR costs to consumers
Small Indian retailers could add extra fees for UPI payments over Rs 2,000 after new 0.4% charge
The Economic Times · 1m
India adds fees to big UPI payments for first time
India's payments regulator will charge 0.4% on digital transactions over $20.80 starting October, marking a major shift for the free payment system.
Yahoo Finance · 1m
India ends free ride for UPI merchants
After six years of zero fees, India's massive digital payment system will charge merchants on larger transactions.
Pymnts · 1m · 1 like