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MDR ON UPI PROPOSAL
UPI payments above Rs 2000 to attract MDR after debit, credit cards? Here’s what users need to know about the proposalWhile there has been no official word from the government on this yet, it is learnt that the Centre could allow a levy of 0.25% to 0.4% as ...- UPI MDR explained: What potential charges above Rs 2,000 on Paytm, GPay & other payment apps mean for you and merchantsUPI MDR: Government proposes changes to the Payment and Settlement Systems Act. This could allow a Merchant Discount Rate on select UPI tra...
- Government moves closer to restoring MDR on UPI merchant paymentsParliamentary amendments propose restoring merchant discount rates on UPI payments. This move aims to encourage digital transactions by all...
- Taxation laws (Amendment) Bill to attract more foreign capital, provide policy certainty introduced in LSA groundbreaking bill has been introduced to boost foreign investment while fostering local manufacturing in India. By simplifying regulati...
- India paves way for return of merchant fees on digital paymentsIndia has laid the legal groundwork to reintroduce merchant fees on UPI payments through proposed amendments to the Payment and Settlement ...
- Jefferies sees Paytm, Pine Labs gaining from proposal to levy MDR on UPI transactionsIndia's payments law may soon allow merchant discount rates on specific UPI transactions. This change could create significant revenue for ...
- Payments bill revives hopes of MDR return on large-ticket UPI transactionsET was the first to report on July 16 that the government is considering reintroducing MDR for UPI transactions undertaken by large merchan...
- Govt moves to allow MDR; Qcomm braces for festive rushHappy Tuesday! The government is proposing changes that could bring back merchant fees on select UPI transactions. This and more in today’s...
- Payment Bill rekindles MDR hopes for large-value UPIProposed amendments to the Payment and Settlement Systems Act may bring back merchant discount rates. This move could help banks and fintec...
- Govt to move amendments to IT Act to pave way for levy of MDRET was the first to report on July 16 that the government could reintroduce MDR on UPI transactions for large merchants. This has been an i...
- Sarvam raises $75 million; Ather trims losses in Q1AI startup Sarvam will raise $75 million as part of a larger funding round. This and more in today’s ETtech Top 5.
- Paytm to monetise in-house AI tools, sharpen wealth pushFounder and chief executive Vijay Shekhar Sharma said some AI products had already started generating a few lakh rupees in revenue. The com...
- Paytm shares gain 3% after Q1 results. What are Goldman Sachs, Citi and CLSA saying?Paytm shares rose 2.7% after the fintech firm reported a 79% year-on-year jump in Q1 consolidated net profit to Rs 220 crore. Revenue from ...
- Don't put a toll on UPI: Why merchant discount rate isn't the answerA proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...
- UPI MDR may return for large merchants: What it means for your digital paymentsIndia's government is considering a small Merchant Discount Rate for large UPI retailers. This potential change aims to create a sustainabl...
- Exclusive: UPI merchant fee likely to be set at 5-7 basis points: sourcesThe move would mark a significant shift in India’s digital payments policy, six years after the government made UPI and RuPay debit card tr...
- Exclusive: Govt may bring back UPI merchant fee for big businessesIndia may reintroduce merchant discount rates for large businesses on UPI transactions. This move aims to address the financial sustainabil...
- Wipro’s muted quarter; UPI’s merchant fee revivalWipro posted flat first-quarter profit despite higher revenues. This and more in today's ETtech Top 5.
- MDR on UPI on the cards; Emergent enters unicorn clubThe government is mulling restoring MDR on UPI transactions for large merchants. This and more in today’s ETtech Morning Dispatch.
- Paytm shares fall 10%: What is MDR and why fintech players want government to introduce it?Paytm shares declined following the Finance Ministry's denial of Merchant Discount Rate (MDR) on UPI transactions. This sparked investor co...
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