The delay or non-introduction of MDR is sentimentally negative for Paytm, brokerage firm UBS wrote in its note.

This comes as banks and payment service providers have raised concerns about the rising cost of handling high-value digital ...

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

The Finance Ministry called such reports “completely false, baseless, and misleading”. “Speculation and claims that the ...

The government is contemplating a Merchant Discount Rate on UPI transactions over Rs 3,000 to aid banks in managing costs.

The Finance Ministry has refuted claims suggesting the imposition of Merchant Discount Rate (MDR) on UPI transactions, ...

India`s Finance Ministry clarifies that no MDR charges are planned for UPI transactions, dismissing online speculation.

The Finance Ministry said the government is not considering imposing merchant discount rates on UPI payments, reaffirming its commitment to low-cost digital transactions.

Suffolk Building Society is also introducing a discount mortgage at 90% loan to value (LTV). This is aimed at helping people ...

The Modi government is reportedly planning to charge Merchant Discount Rate (MDR) on transactions above Rs 3000 through UPI.

The Ministry of Finance issued a clarification on Wednesday evening, around the claims and speculations that the merchant discount rate (MDR) will be charged on Unified Payments Interface (UPI) ...

India may reintroduce MDR on UPI transactions above ₹3,000 to cover rising infrastructure costs. Small transactions remain ...