Tag Archives: Merchant Discount Rate

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 [...]

Congress general secretary Jairam Ramesh criticized the ruling BJP, suggesting that

The Bharatiya Janata Party (BJP on Thursday accused the Congress of making duplicitous statements on [...]

‘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 [...]

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, [...]

Retailers’ body on new UPI merchant fee — ‘Think twice about accepting cash’

The government is set to end free UPI payments after six years, introducing a 0.4% [...]

‘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) [...]

Petrol pump dealers across India are planning to stop accepting unified payments interface

Petrol pump dealers across India are planning to stop accepting unified payments interface (UPI) payments [...]