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MDR on UPI, RuPay cards: 'Somewhere between 0.3% to...' Payments Council of India's urge to PM Modi
Banks charge a fee from merchants for providing digital payment services, which is called MDR. Introduction of MDR on UPI ...
PCI’s MDR plea; India’s AI startups, accelerated
The Payments Council of India has urged the PMO to reinstate the merchant discount rate (MDR) on UPI and RuPay debit card ...
Payments Council of India seeks merchant discount rate for RuPay cards, UPI payment
This approach aligns with existing MDR structures for other digital payment instruments, such as credit cards (approximately ...
Payments industry body urges PM Modi to introduce MDR on UPI for large merchants & RuPay debit cards
The payments industry body has requested Prime Minister Narendra Modi to implement a Merchant Discount Rate (MDR) on UPI and ...
Payments body PCI urges PMO to levy MDR on UPI, RuPay debit cards
If the proposal is accepted, nearly 90 per cent of India's 60 million UPI-accepting merchants will remain unaffected, as they fall under the small enterprise category ...
Payments industry proposes introduction of MDR for RuPay debit cards for all merchants
Financial sustainability concerns in India's digital payments ecosystem due to Zero MDR policy, proposed MDR for RuPay and UPI.