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MERCHANT DISCOUNT RATE
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...
Stable policy push for ISM 2.0; Wipro misses Q1 estimatesHappy Friday! The government is leaning on policy stability, not just subsidies, to drive ISM 2.0. This and more in today’s ETtech Morning ...
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.
UPI fees explained: Why the government plans to revive MDR and who will payThe central government is considering reintroducing a merchant discount rate on UPI transactions. This levy would apply only to large merch...
Tata Capital joins the race to own a piece of India's dormant wealthTata Capital's acquisition of an 88.6% stake in Kerala-based Yogloans signals growing confidence in India's fast-expanding gold loan market...
Flipkart faces sellers' heat; Zetwerk IPO gets Sebi nodA sellers' body has filed a complaint against Flipkart, alleging unfair business practices. This and more in today's ETtech Top 5.
Sellers file anti-trust complaints against Flipkart with CCIFiled by the Forum for Internet Retailers, Sellers and Traders (FIRST) on July 6, the complaint has sought an investigation into Flipkart, ...
Giving more credit where credit's dueCredit card firms now prioritize existing clients over new ones. They offer enhanced credit and personalized benefits to loyal customers. U...
Buy, Sell or Hold: Citi initiates buy on Meesho; Elara Capital recommends buy on Mahindra LogisticsBrokerages are selectively backing consumer, logistics, and e-commerce firms with strong growth prospects. Citi initiates coverage on Meesh...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%As the market seems to be in comeback mode, it helps to be aware that the best (and probably biggest) wealth creator of the last couple of ...
Vedanta Aluminium vs Vedanta Power: Which can give investors better wealth in Rs 2 lakh crore demerger playVedanta's demerger has created distinct investment opportunities in Vedanta Aluminium Metal and Vedanta Power. Vedanta Aluminium, valued at...
Top Indian state lenders eye first dollar bonds since RBI subsidy, sources sayState Bank of India and Bank of Baroda are stepping into uncharted territory as the inaugural users of the Reserve Bank of India's fresh su...
One soundbox soon for all payment apps as NPCI readies platformNPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the need for merchants to use multipl...
No merchant discount rate on UPI transactionsThe finance ministry has firmly stated its commitment to promoting digital payments through UPI, clarifying that there will be no merchant ...
What is Merchant Discount Rate?MDR is a fee charged from a merchant by a bank for accepting payments from customers through credit and debit cards in their establishments.
- ET in the classroom: Merchant discount rate
It is the invisible charge that consumers pay to banks in establishments that accept payment cards. It is invisible because the payment is ...