Bernstein turns more bullish on Paytm after 'better-than-expected' UPI MDR
Digital Desk | New Delhi, Sep 18 (IANS) Global brokerage Bernstein has raised its earnings estimates for Paytm after the
CNG, petrol pumps in Delhi-NCR put up 'No UPI, Only Cash' boards over UPI MDR charges
Despite the Finance Ministry asserting that it does not expect the levy of Merchant Discount Rate (MDR) charges on UPI t
Finance Ministry to monitor UPI MDR to protect customers
The Finance Ministry is preparing a monitoring mechanism to ensure that the 0.4 per cent Merchant Discount Rate (MDR) on
UPI MDR Rules: Government Moves To Stop Merchants Passing Cost To Customers
The government is set to work with payment aggregators and platforms to ensure merchants do not pass the UPI merchant di
Watch | Complex priorities: On UPI transactions, MDR charges
New UPI MDR charges from October 15 could affect merchant payments, with concerns over rate complexity, compliance and s
Trade Body Seeks Rollback Of UPI MDR On Transactions Over Rs 2,000
A trade body in Jharkhand, FJCCI, has urged the Union Finance Minister to withdraw the proposed 0.4% Merchant Discount R
No US pressure in UPI MDR decision: Fin Min
NPCI circular offers no advantage to foreign credit cards NEW DELHI: The Finance Ministry on Thursday dismissed allegati
Restaurants will likely avoid menu price increases this holiday season. Rising input costs and inflation have already im
Passing UPI MDR to customers is a criminal offence: Here's what the law says experts weigh in
UPI MDR will apply to specified P2M transactions above 2,000 from 15 October. While the charge is levied on merchants, t
Centre to monitor UPI MDR charges daily from 15 October
Banks and payment aggregators have been told not to pass the levy on to consumers as government seeks to prevent a shift
UPI MDR rules are set to apply from 15 October 2026, with different charges based on transaction value, merchant categor
Amritsar (Punjab) [ September 17 : Jammu and Kashmir Chief Minister Omar Abdullah on Thursday urged his counterparts in
Watch: UPI MDR explained: Who will pay and how will the money be shared?
Watch: UPI MDR explained: Who will pay and how will the money be shared?
UPI MDR: Ministry Allays Fears On Cash, Inflation
The Finance Ministry has clarified that the 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000
OPINION | UPI charges: Who will pay?
The Centre has clarified that the decision on UPI MDR (merchant discount rate) will be implemented from October 15 and t
UPI MDR: India Rejects US Pressure Claims
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4 per cent Merchant Di
Govt to ensure merchants absorb UPI MDR charges, not pass them to consumers: Sources
Amid opposition demands to roll back the 0.4 per cent Merchant Discount Rate (MDR) on select UPI payments, government so
BharatPe backs new UPI MDR framework; distances itself from Ashneer Grover's remarks
Clarifying that Grovers remarks do not reflect the companys stance, BharatPe said his views were made strictly in an ind
BharatPe Endorses UPI MDR Framework Amidst Industry Debate
Fintech firm BharatPe has publicly supported the government's new Merchant Discount Rate (MDR) framework for UPI merchan
BharatPe backs new UPI MDR framework, distances itself from former CEO Ashneer Grovers criticism
BharatPe supports the new UPI merchant transaction framework. The company clarified co-founder Ashneer Grover's views ar
Petrol dealers, retailers and industry leaders have reacted differently to the new MDR framework, while a PIL challenges
Balancing Security and Rising Costs in UPI MDR Changes: CII President
CII President R. Mukundan emphasizes the need for balance between security and costs in UPI transaction changes. Balanci
Will UPI MDR be a new revenue engine for fintech firms?
A 0.4% fee on select transactions above Rs 2,000 could create a sizeable revenue pool for payment companies. While the e
Yadav Calls UPI MDR A 'Chungi' On Transactions
Samajwadi Party president Akhilesh Yadav has criticised the BJP government's proposed Merchant Discount Rate (MDR) on hi
India's new UPI fee could create a 270 billion annual revenue pool by FY28, with banks expected to capture the biggest s
Finance Ministry rejects US pressure claims over new UPI MDR, says RuPay has no special edge
India's Finance Ministry rejects claims of US influence on UPI payment charges. The new framework prioritizes RuPay cred
No US Pressure On UPI MDR, Says Finance Ministry
The Finance Ministry has refuted allegations that US pressure influenced the decision to levy a 0.4% Merchant Discount R
SEBI Chief: No NSE Proposal for Self-Trading, Will Examine UPI MDR Concerns
SEBI Chairman Tuhin Kanta Pandey stated that the National Stock Exchange (NSE) has not submitted any proposal seeking ap
How UPI MDR could undermine the economics of low-cost investing
The argument that the cost of innovation needs money doesn't really warrant a percentage of transaction. Technology cost
UPI MDR: What Changes From October 15?
For instance, a 10,000 UPI payment in an eligible concessional sector would incur just 5 in MDR. The post UPI MDR: What
Jammu and Kashmir CM urges govt to shield public from UPI MDR charges
The News Mill
New UPI MDR framework to support innovation and investment: Assocham
Assocham said the new UPI MDR framework for high-value merchant payments will support investment in technology and infra
Congress attacks 0.4% UPI MDR on payments above Rs 2,000, calls it Modi tax
There is no question of a re-think on the issue of imposition of 0.4 per cent MDR charges on UPI transactions, governmen
New UPI MDR Explained: Impact on mutual funds, brokers & investors
The implementation of a new 0.02% merchant discount rate will influence certain UPI transactions, including one-time con
Morning Brief Podcast: UPI MDR is back: The hidden cost to you
UPI fee to boost banks' revenue, revive card, ATM biz
Banks could gain 70100 crore in quarterly revenue from the reintroduction of UPI MDR, with larger lenders potentially ea
UPI MDR could create Rs 27,000 crore revenue pool by FY28: Bernstein
A 40-basis-point MDR on UPI transactions could create a large revenue pool. Issuing banks and UPI apps will receive subs
UPI MDR could cost 47.2 bps with GST for merchants
The new framework introduces a 0.4% MDR on person-to-merchant UPI transactions above Rs 2,000, capped at ?300 on transac
BJP president Nitin Nabin defends UPI MDR amid Rahul Gandhi
The News Mill
City traders oppose 0.4% UPI MDR, large retailers absorb fee
Govt holds firm on UPI MDR as Opposition mounts pressure for rollback
Finance Ministry rejects claims of US pressure behind UPI MDR, as Opposition parties and trader groups demand reconsider
Traders Seek Rollback Of UPI MDR Policy
A member of the National Traders' Welfare Board (NTWB) has urged the central government to withdraw its decision to impo
UPI MDR to attract 18% GST; registered merchants can claim input credit
Experts say GST will raise the upfront cost of accepting eligible UPI payments, but registered businesses can offset the
Rahul Gandhi Criticises Modi Over UPI MDR Framework
Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday attacked Prime Minister Narendra Modi over the Centres n
Zero charge for Consumers...: Jyotiraditya Scindia decode UPI MDR rules point-by-point
Paytm CEO On UPI MDR Impact And AI Expansion Plans
Paytm CEO Vijay Shekhar Sharma stated that the government's new Merchant Discount Rate (MDR) on large-value UPI transact
UPI MDR may squeeze low-cost broking as fund transfers attract charge
Brokers seek clarity on applicability of client-to-broker transfers even when no trade is executed
Small traders shrug off UPI MDR, high-value merchants fear margin hit
UPI MDR adds to retailers margin pressure this festive season
The introduction of a 0.4% fee on UPI transactions above 2,000 is shrinking shopkeepers' net profits right before the pe
UPI MDR: What It Means For Merchants And Consumers
A new Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, effective October 15, could force small merchants
UPI MDR Changes: What It Means For Merchants And Users
Experts laud the decision to impose a 0.4 per cent Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000,
'No question of rethinking 0.4% UPI MDR above 2,000': Govt official
The government has said the MDR will apply within the merchant payment ecosystem and will not be charged to consumers
India's finance ministry rejected claims of foreign pressure influencing UPI transaction charges. A 0.4% Merchant Discou
UPI MDR above 2,000 may attract 18% GST; merchants can claim ITC
Merchants would have to pay 18 per cent GST on the Merchant Discount Rate (MDR) charges for UPI payments above Rs 2,000,
UPI MDR could add 15,000-20,600 crore to fintechs and banks annually
Brokerages estimate that restoring MDR on UPI merchant payments could generate Rs 15,000-20,600 crore in revenue, benefi
ET Explainer | India's UPI MDR shake-up: What changes and why it matters
ET Explainer | India's UPI MDR shake-up: What changes and why it matters
UPI MDR Decision Independent, Not Foreign Influenced: FinMin
The Finance Ministry has clarified that the decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions a
Political Storm Over UPI MDR: Opposition Calls For Immediate Withdrawal
The opposition has intensified its criticism of the government's decision to impose a 0.4 per cent Merchant Discount Rat
UPI MDR: Retailers, clothing manufacturers flag impact of 0.4% charge on MSMEs
Industry bodies said the additional transaction cost could put pressure on retailers already operating on thin margins d
No Re-Think On UPI MDR Charges Over Rs 2,000
The Indian government has confirmed there will be no rollback of the 0.4 per cent Merchant Discount Rate (MDR) charges o
UPI MDR above Rs 2,000 to attract 18% GST, merchants can claim input tax credit
UPI payments to merchants above two thousand rupees will attract a zero point four percent merchant discount rate. Merch
Opposition Attacks Government Over UPI MDR Decision
The opposition has strongly criticised the government's decision to introduce a 0.4% Merchant Discount Rate (MDR) on UPI
Retailers Express Concern Over New UPI MDR Charges
The Retailers Association of India (RAI) has voiced concerns that the government's new 0.4 per cent Merchant Discount Ra
The debate over UPI transaction fees reignites as the government announces merchant charges on transactions over 2,000.
UPI MDR Row: Opposition Cries 'American Imperialism'
Opposition parties, including Congress, TMC, and RJD, have strongly criticised the government's decision to impose a 0.4
UPI MDR opens new revenue pool for PSPs; sharing formula key
Step towards a sustainable payments ecosystem, says a market player
RSS Affiliate Asks Government To Reconsider UPI MDR
The RSS-affiliated Swadeshi Jagran Manch (SJM) has urged the government to reconsider imposing a merchant discount rate
'Tax maximisation' or a 'much-needed step'? Verdict split on UPI MDR
UPI MDR has sparked a debate among major fintech players, with some calling it necessary for sustainability while others
NPCIs new UPI MDR framework from 15 October will impose a 0.4% charge on select merchant transactions above 2,000, but c
UPI MDR from Oct 15: Will your SIP, automated insurance payments cost more?
The payment method matters: One-time UPI transactions and automated mandates will be treated differently under the new f
UPI MDR: CMS Info Systems And Other ATM Related Stocks Soar Up To 10%. Know why
CMS Info Systems jumped as high as 7.22% to Rs 239 apiece, while Radiant Cash Management soared 10.03% to a high of Rs 3
Indian Finance Ministry Dismisses Claims of Foreign Interference in UPI MDR Implementation
The Finance Ministry refutes claims of foreign influence in UPIs Merchant Discount Rate, affirming Indias independent di
'No Guarantee Customers Will Trade': Zerodha's Nithin Kamath Flags UPI MDR Risk For Brokers
If brokers have to bear a UPI cost every time clients move money into their accounts regardless of whether they trade, K
UPI MDR: Paytm CEO Calls It 'Robin Hood' Approach, Says It Protects Small Merchants
Paytm founder and CEO Vijay Shekhar Sharma said that bringing larger payments under a charge structure, while keeping sm
Who has to pay MDR on UPI and who stands to gain the most? | Explained
What is the new UPI MDR system? Who will have to pay the charges? Which transactions will remain free? How much could ba
Run a small shop? How to check whether UPI MDR applies to you
UPI payments above 2,000 will attract a merchant fee for eligible businesses from October 15. Here's how small shopkeepe
UPI MDR 'inevitable' amid surge in digital payment adoption, says Zerodha's Nithin Kamath
Digital Desk | New Delhi, Sep 16 (IANS) Zerodha CEO Nithin Kamath on Wednesday backed the recently introduced Merchant D
Zerodha CEO Nithin Kamath said the new UPI MDR framework may not make economic sense for investing and broking, where cu
UPI MDR explained: How new charges compare with debit, credit cards
Credit cards can cost merchants 1.5-2.5%, while debit cards can cost up to 0.9%; new UPI MDR is capped at Rs 300
From October 15, MDR will apply to select UPI person-to-merchant payments above Rs 2,000, but not to all such transactio
UPI MDR changes: Govt debunks 'foreign influence' claims
Digital Desk | New Delhi, Sep 16 (IANS) Finance Ministry on Wednesday debunked claims which suggested that the MDR chang
'Inevitable, more competition': Nithin Kamath backs UPI MDR but flags cost burden for brokers
Nithin Kamath, Zerodha co-founder, backed Merchant Discount Rate (MDR) on UPI, calling it inevitable and saying it could
What will happen to investors on digital broking platform? INDmoney CEO responds to UPI MDR charges
What would it cost to run an investment app that adds 200 crore to wallets for stock and derivative trading / invested i
Paytm stock hits 52-week high after NPCI introduces UPI MDR
The stock opened sharply higher at 1,830 and has seen heavy trading volume of over 1.09 crore shares worth 1,956 crore s
UPI MDR bonanza: Why Paytm may win bigger, but Pine Labs could gain faster
Paytm and Pine Labs stand to benefit from the new UPI MDR framework, but the impact could differ sharply. Paytm has a la
Modi Govt Accused Of US Appeasement Over UPI MDR Fee
The Congress party has strongly criticised the Modi government's decision to introduce a 0.4% Merchant Discount Rate (MD
Paytm wins, but ATM also wins! Why CMS Info Systems shares jumped 7% on UPI MDR
CMS Info Systems shares rose on Wednesday after the government announced MDR on select UPI transactions above Rs 2,000,
UPI MDR charges: What general users need to know about the new rules
New UPI MDR rules will apply to select merchant transactions, but consumers can continue using UPI for daily payments, Q
UPI MDR: Brokerages estimate annual industry revenue pool of up to Rs 20,000 crore
Digital Desk | New Delhi, Sep 16 (IANS) The Merchant Discount Rate (MDR) on select UPI payments could create an annual r
UPI MDR: PhonePe's CEO Sameer Nigam Says 96% Of Transactions Will Remain Free
PhonePe CEO Sameer Nigam stated that 96% of UPI transactions will remain free after the introduction of a 0.4% MDR on tr
RBI Says New UPI MDR Framework Will Strengthen Digital Payments Ecosystem
The Reserve Bank of India has said the latest changes to UPI payments are aimed at making the digital payment system fin
UPI MDR from October 15: Will your mutual fund SIP, insurance premium or OTT AutoPay get costlier?
UPI will introduce MDR on select merchant payments above 2,000 from 15 October, but the new charge does not apply unifor
UPI MDR Impact: Paytm, Pine Labs To Get Earnings Boost, Banks Biggest Winners, Say Brokerages
UPI MDR could materially boost payment-industry earnings. Goldman Sachs, Morgan Stanley, UBS and Citi estimate the reven
From 15 October, NPCI's new MDR policy will apply to certain UPI transactions. Here's how the merchant charges compare w
Businesses divided on UPI MDR; retailers wary, quick commerce unfazed
Distributors flag concerns over the new UPI merchant charges, while quick-commerce firms expect limited impact as most t
UPI MDR: RBI Explains New Transaction Fee
The Reserve Bank of India (RBI) has endorsed the introduction of a Merchant Discount Rate (MDR) on UPI transactions exce
UPI MDR seen as sustenance fee, not windfall; small merchants remain shielded
A new merchant discount rate will fund UPI's expanding infrastructure costs. Large value person-to-merchant transactions
UPI MDR charges from October 15: Who will pay on transactions above 2,000?
UPI payments above 2,000 to certain merchants will attract a Merchant Discount Rate (MDR) of 0.4% from October 15. But w
NSE expects short-term impact on transaction volumes from UPI MDR charges
The new framework marks a significant shift in the pricing structure for large digital merchant payments after years of
New UPI MDR Framework From Oct 15: All You Need To Know | FAQs
UPI will introduce a 0.4% MDR on P2M transactions above 2,000 from October 15, 2026, while keeping consumer and small-va
New UPI MDR rules explained: Will you pay more? What it means for users like you and me
UPI remains free for person-to-person payments under new MDR rules. Here's what changes for merchant payments and what i
UPI MDR could unlock Rs 22,000 crore revenue pool by FY28: Bernstein
UPI could generate Rs 22,000 crore annually by FY28 through a modest merchant discount rate. Banks might receive Rs 14,0
To reduce their dependence on banks, payment aggregators have pressured the government to share directly in merchant fee
Payment aggregators push for fixed and direct share of UPI MDR
The demand is likely to draw resistance, as payment aggregators are not direct members of the UPI network run by the NPC
Selective UPI MDR Will Need Reliable Merchant Intelligence, Not Just a Pricing Rule
Selective UPI MDR Will Need Reliable Merchant Intelligence, Not Just a Pricing Rule
MDR on UPI payments: Six rules govt must settle before charges can start
The Bill opens the door to selective UPI MDR, but leaves the operating details undecided. Here are six questions the fin
UPI MDR debate: Why 2,000 is in focus and what it means for users
The government has not notified 2,000 as an MDR threshold, but the existing incentive framework and transaction data exp
MDR in future only on limited merchant transactions above a threshold: FM
FM says any future UPI MDR will apply only to high-value merchant transactions, while consumers and small merchants will
Charges On UPI Transactions? RBI Governor Says 'Costs Have To Be Paid By Someone'
Finance Minister Nirmala Sitharaman has tabled changes to the Payment and Settlement Systems Act in Parliament, which op