Tag Archive: MDR

A LocalCircles survey says 76% of UPI users may shift to other payment modes for payments above ₹2,000 if the proposed MDR charge is passed on to customers.

The Supreme Court will hear a PIL today challenging the proposed 0.4 per cent MDR on certain person-to-merchant UPI payments above Rs 2,000.

The proposed MDR on UPI payments above ₹2,000 for fuel transactions has raised concerns among petrol pump dealers, with some customers shifting to cash.

Union Minister Jyotiraditya Scindia has responded to Congress leader Rahul Gandhi’s criticism of the Centre’s new Merchant Discount Rate (MDR) framework...

Ashneer Grover has questioned the government over MDR on large UPI merchant transactions, saying any UPI charge could affect digital payments.

MDR on RuPay, Visa and MasterCard is not a new charge. The latest discussion mainly concerns UPI and RuPay debit card transaction charges.