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MDR on UPI not under external pressure, says Govt Sources
Officials clarified that there is no separate GST levied on MDR charges. While GST will apply to MDR on UPI...
Finance Ministry debunks “external pressure” claims over UPI
The Ministry of Finance on Wednesday, debunked the "external pressure" myth surrounding the revision in UPI...
"General public will be indirectly affected": Anbumani Ramadoss
In a post on X, Ramadoss urged the Central Government to immediately withdraw its decision to levy a transaction...
UPI transactions above Rs 2,000 to attract 0.4% MDR
UPI transactions above Rs 2,000 will attract a Merchant Discount Rate (MDR) of 0.4 per cent under a revised...
Merchant-funded UPI MDR of 30-40 bps most likely if introduced, c
If the government eventually introduces a Merchant Discount Rate (MDR) on Unified Payments Interface (UPI)...
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