January recorded the highest volume with 21.7 billion transactions, followed by December and October with 21.6 billion and 20.7 billion tra...

The digital payments industry has received about Rs 8,000 crore in subsidy payments over four years for UPI and RuPay debit card payments, ...

As the government prepares for its next budget, payment system operators are calling for a decisive increase in subsidies for UPI merchant ...

The Finance Ministry’s denial of plans to reintroduce MDR on UPI payments has dampened fintech firms’ monetisation hopes, leading to a drop...

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...

The finance ministry has firmly stated its commitment to promoting digital payments through UPI, clarifying that there will be no merchant ...

The Finance Ministry on Wednesday dismissed reports suggesting MDR charges on large UPI transactions, calling them false and misleading. Re...

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

Inditrade Capital's Group Chairman, Sudip Bandyopadhyay, highlights the UK-India FTA's potential benefits for various industries, overshado...

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...

Currently, there is no merchant discount rate (MDR) on UPI and RuPay debit card transactions processed through the National Payments Corpor...

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

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 ...

The government abolished MDR on transactions using RuPay debit cards and Unified Payments Interface (UPI) from January 1, 2020. But banks w...