Topic
Merchant Discount Rate
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Supreme Court Refuses to Stay MDR on UPI Payments, Questions Centre: ‘What Is It?’
The Supreme Court on Monday declined to grant an interim stay on the Centre’s new Merchant Discount Rate (MDR) framework for specified UPI merchant transactions above ₹2,000. The c…
Technology
UPI MDR Decision Completely Professional, No External Pressure: FM Sitharaman
Finance Minister Nirmala Sitharaman has rejected allegations that the government's decision on UPI Merchant Discount Rate (MDR) was influenc…
National
UPI Volumes Will Largely Remain Intact Despite New MDR Rollout: NPCI Chief
NPCI Managing Director and CEO Dilip Asbe has said the new Merchant Discount Rate (MDR) framework is unlikely to cause a major decline in U…
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More on Merchant Discount Rate
Technology
Splitting UPI Payments to Avoid MDR? No Daily Cap for Now
The new UPI Merchant Discount Rate (MDR) framework coming into effect from October 15, 2026, will impose a 0.4% MDR on specified merchant tr…
Politics
Prime Minister Has Decided to Prostrate Before Trump: Rahul Gandhi on ‘UPI Tax’
Congress leader Rahul Gandhi has criticised Prime Minister Narendra Modi over the new Merchant Discount Rate (MDR) framework for certain UPI…
Technology
Paytm Will Stay Profitable Even Without MDR or Government Support, Says Vijay Shekhar Sharma
Paytm founder and CEO Vijay Shekhar Sharma has said the fintech company will remain profitable even if it does not receive Merchant Discount…
Technology
Amazon Now Crosses $1 Billion Sales Run Rate; Govt Clarifies UPI Charges
Amazon Now, Amazon India's quick-commerce business, has crossed a $1 billion annualised gross sales run rate as the company rapidly expands…
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Technology
UPI MDR Rates Likely Within a Week, October Rollout in Sight
The National Payments Corporation of India (NPCI)-led steering committee was expected to finalise the Merchant Discount Rate (MDR) structure…
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Technology
NPCI Unveils UPI MDR; Meta Introduces New Child Safety Measures in India
The National Payments Corporation of India (NPCI) has introduced a new Merchant Discount Rate (MDR) framework for certain high-value UPI mer…
Technology
NPCI Announces MDR for UPI; Merchant Transactions Above Rs 2,000 to Attract 0.4% Charge
The National Payments Corporation of India (NPCI) has announced a 0.4% Merchant Discount Rate (MDR) on select person-to-merchant UPI transac…
Politics
Stage Being Set for Levying UPI Transaction Fee: Congress Slams Government
The Congress has accused the central government of opening the door to charges on UPI transactions after a new notification exempted transac…