Tag Archives: MDR

Despite this change, NPCI Managing Director and CEO Dilip Asbe stated on Thursday that the new

The National Payments Corporation of India (NPCI) has introduced a new Merchant Discount Rate (MDR) [...]

MP petrol pump dealers to stop accepting UPI payments above ₹2,000 from October 15

Starting October 15, petrol pumps in Madhya Pradesh will no longer accept Unified Payments Interface [...]

Ghaziabad Traders Put Up Notices Over MDR — “UPI Payment Will Not Be Accepted”

The notices have appeared at shops as traders voice concerns over the proposed 0.4 per [...]

UPI fee burden won’t fall on consumers, govt plans to track merchants: Report

The Union finance ministry is implementing a monitoring system aimed at preventing the Merchant Discount [...]

‘We fail to appreciate what we receives for free’: Omar Abdullah supports UPI MDR charges

Omar Abdullah, the Chief Minister of Jammu and Kashmir, expressed his support on Wednesday for [...]

Govt clarifies amid Opposition outcry over ‘US pressure’ — No foreign influence in UPI fee

The Union finance ministry clarified on Wednesday that the decision to impose a 0.4% Merchant [...]

a 0.4 per cent Merchant Discount Rate (MDR) will apply to specified Person-to-Merchant (P2M)

For years, paying through UPI has felt almost like using cash: scan a QR code, [...]

Sounding an alarm over the new charge on some UPI transactions over Rs 2,000, the Retailers

Sounding an alarm over the new charge on some UPI transactions over Rs 2,000, the [...]

Explaining the decision to impose a charge on some UPI transactions over Rs 2,000, highly

They emphasised that, despite stringent criticism from the Opposition, the move will not be rolled [...]

‘Goal to build…’ — Centre debunks ‘external pressure’ myth over ‘foreign influence’

The government on Wednesday debunked claims that its decision to levy Merchant Discount Rate (MDR) [...]