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LARGE MERCHANTS FEES
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 could raise business costs, hurt consumption if introduced: ExpertsExperts suggest focusing on who bears UPI merchant discount rate costs. Introducing this fee could increase business operating expenses and...
- 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...
- 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...
- Global Market: EU opens talks on digital euro rules, eyes 2029 launchThe European Union has begun negotiations on legislation to create the legal framework for a digital euro, aiming to finalize the rules by ...
- Zostel hits Oyo IPO filings; PhonePe’s new CTOZostel asked Sebi to review Oyo’s IPO filings, escalating their dispute over the Zo Rooms acquisition. This and more in today's ETtech Top ...
- India, Nepal launch cross-border remittance mechanism; links UPI, NPIIndia and Nepal have launched a new system for money transfers. This links India's UPI with Nepal's NPI. Citizens can now send money instan...
- Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
- Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
- 'Hellfire' over Iran? US aircraft disables merchant vessel trying to reach Iranian portUS forces disabled a merchant vessel attempting to reach an Iranian port after it ignored over 20 warnings, highlighting a strict maritime ...
- US says it disabled another commercial ship trying to breach blockade and reach IranUS forces have intercepted another ship trying to bypass their blockade of Iranian ports. The Gambia-flagged vessel, Lian Star, ignored war...
- Can you use UPI abroad? Here’s what Indian travellers must know about charges, limits and security risksIndian travellers are increasingly using UPI abroad for convenient payments, but understanding its limitations and risks is crucial. While ...
- Bigger proportion of non-Iran ships crossing Hormuz strait: DataThe proportion of vessels not linked to Iranian ownership that are transiting the key Strait of Hormuz has risen, according to data from ma...
- H-1B chill sets in; Flipkart doubles down on ShopsyUS demand for H-1B visas has slumped to a seven-year low amid steeper costs and Trump-era policy shifts. This and more in today’s ETtech To...
- 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...
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