Paytm shares declined following the Finance Ministry's denial of Merchant Discount Rate (MDR) on UPI transactions. This sparked investor co...

Paytm share price plummeted by 10% following the Finance Ministry's denial of impending MDR charges on UPI payments, a fee banks charge mer...

Merchant Discount Rate (MDR) is the fee charged by banks to merchants for providing digital payment services. Currently, RuPay debit cards ...

India's payments authority, central bank, and industry are urging the government to allow a fee on digital payments to large merchants via ...

The payments industry body has requested Prime Minister Narendra Modi to implement a Merchant Discount Rate (MDR) on UPI and RuPay debit ca...

In a letter written to the PMO earlier today, the Payments Council of India said that more than 90% of merchants are small, and hence will ...

Here’s a close look at the MDR’s journey over the years and what its reintroduction will mean for large merchants, banks and payment servic...

Google Pay has started charging a convenience fee for utility bill payments, including electricity and gas, using credit and debit cards. T...

The National Payments Corporation of India (NPCI) will implement new merchant fees for UPI transactions above ₹2,000 starting October 16. T...

NPCI charges for credit line on UPI: The NPCI has released a circular to the banks regarding how charges will be levied on the pre-sanction...

Launching a report titled ‘How Urban India Pays’, CEO Vikas Bansal said the ecommerce major is focused on simplifying the customer journey ...

The dominance of PhonePe and Google Pay in the UPI market has sparked discussions about introducing fees on merchant transactions. Fintech ...

According to a survey by Local Circles, 7 out of 10 UPI users would stop using the app if transaction fees were imposed. Fintech companies ...

Banks and digital payments providers have met with officials of the finance and information technology ministries, seeking a ‘flat, slab-ba...

Burdened with record volumes and Zero MDR banks such as HDFC Bank, Axis Bank, ICICI Bank and Kotak Mahindra Bank have all introduced differ...

MDR was a fee accrued by banks, generally levied from merchants processing the transactions. It was shared equally between the acquiring ba...

From the growth of UPI payments, it’s clear more users are embracing this instrument. But with a billion transactions a month being recorde...