Payments Council urges PM to reconsider zero MDR policy for UPI and RuPay transactions, calling for sustainable digital ...
The introduction of a reasonable MDR for large merchant transactions will allow the industry to continue investing in ...
The payments industry body has requested Prime Minister Narendra Modi to implement a Merchant Discount Rate (MDR) on UPI and ...
This approach aligns with existing MDR structures for other digital payment instruments, such as credit cards (approximately ...
The digital payments industry faces a Rs 500-600 crore loss as the government withdraws RuPay debit card subsidies. Fintech ...
RuPay is reportedly planning to bring Bollywood superstar Hrithik Roshan onboard for its upcoming campaign focused on the ...
The Payments Council of India has urged Prime Minister Narendra Modi to reconsider the Zero Merchant Discount Rate (MDR) ...
Financial sustainability concerns in India's digital payments ecosystem due to Zero MDR policy, proposed MDR for RuPay and UPI.
The Payments Council of India (PCI) has urged the government to review the Zero MDR policy on UPI and RuPay debit card transactions, citing sustainability concerns. It proposes a 0.3% MDR for large ...