The RBI Governor said it is too early to decide whether UPI transactions will attract Merchant Discount Rate (MDR), even as ...

Finance Minister Nirmala Sitharaman has clarified that the merchant discount rate (MDR) is applied exclusively on merchants ...

The government plans amendments to extend tax exemptions for foreign contract manufacturing and potentially reintroduce ...

Behind that simple experience, however, several systems work together to verify information, communicate between financial ...

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.

The possible reintroduction of Merchant Discount Rate (MDR) on UPI payments could benefit leading platforms such as PhonePe, Google Pay and Paytm by strengthening their merchant acquisition businesses ...

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 ...

As financial lives become increasingly complex, consumers deserve technology that works together rather than forcing ...

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 ...

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 ...