UPI MDR Charges: CTI Urges Centre to Roll Back 0.4% Fee on High-Value Payments
The Chamber of Trade and Industry (CTI) has urged the Centre to reconsider the proposed Merchant Discount Rate (MDR) on ...
Tag: merchant discount rate
UPI Charges Above Rs 2000: Govt To Ensure Consumers Don’t Pay
The government is preparing a monitoring mechanism to ensure that the new Merchant Discount Rate (MDR) on select UPI transactions ...
Centre Denies Foreign Pressure Behind New UPI Merchant Fees
The Centre on Wednesday rejected claims that the introduction of a Merchant Discount Rate (MDR) on UPI payments was driven ...
Ashneer Grover On UPI Merchant Fee: ‘End Of Day, Consumer Pays’
Entrepreneur and BharatPe co-founder Ashneer Grover has questioned the proposed merchant charge on UPI transactions above Rs 2,000, arguing that ...
ICICI Bank Starts Charging UPI Aggregators Amid Record Usage Surge
ICICI Bank has rolled out transaction fees on UPI payments processed by aggregators like PhonePe and Google Pay. This development ...
End of Free UPI? Digital Transactions Above Rs 3,000 May Face Charges
The government is exploring the idea of reintroducing a Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 3,000. The ...
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