Finance Ministry dismisses speculation of MDR of UPI transactions

: The Finance Ministry on Wednesday termed as "false, baseless, and misleading" speculation that the Merchant...

Praveen Khandelwal urges Centre to exempt Merchant Discount Rate

Union Finance Minister Nirmala Sitharaman in December 2019 announced that no MDR charges would be applicable on...

PCI submits letter to PM Modi seeking re-evaluation of zero MDR f

The Payments Council of India (PCI), an industry body representing a diverse range of non-banking payment industry...

No MDR charge on payment via RuPay debit card, UPI, UPI QR...

New Delhi [India], Dec 31 (ANI): Users will no more be required to pay merchant discount rates (MDR) when they make...

No MDR charges on payment modes to be notified on Jan 1:...

New Delhi [India], Dec 28 (ANI): The customers will not be charged merchant discount rates (MDRs) for...

Passengers not to be charged for MDR booking of railway tickets

New Delhi [India], Mar. 2 (ANI): The Indian Railways announced that Merchant Discount Rate (MDR) charges will not be...

Cabinet approves subsidizing MDR charges on digital transactions

New Delhi [India], Dec 15 (ANI): In yet another move to encourage greater adoption of digital payments in India, the...

RBI caps merchant discount rates to boost debit card transactions

Mumbai (Maharashtra) [India], Dec 6 (ANI): In a bid to boost transactions using debit cards, and digitisation on...

SBI to waive MDR charges on debit card transactions for small...

New Delhi [India], Jan 9 (ANI): The country's largest lender State Bank of India (SBI) on Monday announced its...

Petrol pumps to accepts cards till Jan. 13, Centre assures...

New Delhi [India], Jan. 9 (ANI): With the Petrol Pumps Association deferring its decision of not accepting card...

HDFC is waving off MDR as an excuse to improve its bottom...

Mangalore (Karnataka) [India], Jan. 8(ANI): President of the All India Petroleum Dealers Association on Sunday said...