UPI MDR could hit small traders, raise costs for consumers: Surat

Surat textile traders have raised concerns over the introduction of Merchant Discount Rate (MDR) on UPI...

UPI MDR to drive material earnings upgrade for Paytm

India's decision to introduce a merchant discount rate on UPI person-to-merchant transactions above Rs 2,000 has...

Proposed UPI MDR structure doesn't make sense for broking, could

The proposed Merchant Discount Rate (MDR) on UPI transactions could create significant costs for stockbrokers even...

UPI MDR a ‘very positive step’: MobiKwik Co-Founder Upasana Taku

The introduction of Merchant Discount Rate (MDR) on large-value UPI transactions is a “very positive step” that will...

'Govt move on MDR vital for long-term growth of UPI ecosystem'

Noting that roughly 70–80 crore UPI transactions take place every day, PhonePe founder CEO Sameer Nigam has...

Selective UPI MDR Will Need Reliable Merchant Intelligence

Bangalore (Karnataka) [India], August 21: At CARD91, we believe the UPI MDR debate must go beyond pricing. Any...

Parliament clears Taxation and Other Laws Amendment Bill

Parliament on Monday passed the Taxation and Other Laws (Amendment) Bill, 2026, after the Rajya Sabha returned the...

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)...

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...