Finance Minister Nirmala Sitharaman has clarified that the merchant discount rate (MDR) is applied exclusively on merchants ...
A limited MDR on merchant payments can make India's digital payments ecosystem more sustainable without affecting small users.
The industry body said that sustained investments in cybersecurity, fraud prevention and infrastructure are needed to keep ...
The new Bill does not immediately charge UPI users. Any future MDR may apply to merchants, while its rate, scope and start date await notification.
Mastercard and Visa earn vast profits by taking a tiny cut from thousands of payments per second. Could new tech and ...
SHANGHAI, SHANGHAI, CHINA, August 6, 2026 /EINPresswire.com/ -- The Liquid Liability: Deconstructing Compliance ...
New Delhi, Aug 7 (UNI) union Finance Minister Nirmala Sitharaman on Friday clarified that if a merchant discount rate (MDR) is introduced for Unified Payments Interface (UPI) transactions, it will be ...
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UPI charges explained: 5 things to know after Lok Sabha clears Bill allowing digital payment fees
Lok Sabha has cleared a Bill allowing the government to permit charges on UPI and other digital payments in the future. Here ...
SHANGHAI, SHANGHAI, CHINA, August 6, 2026 /EINPresswire.com/ -- Global industrial manufacturing increasingly relies on ...
Visa (NYSE:V) expands stablecoin and cross-border settlement partnerships as its resilient, transaction-based payments model ...
JPYC Raises $38M in Series B funding to expand its regulated yen-backed stablecoin payment network and digital payments ...
The former BharatPe co-founder reacted sharply to the latest developments in a post on X (formally twitter), arguing that ...
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