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UPI ecosystem needs sustainable funding: RBI Governor

The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday indicated that while it is too early to comment on any potential changes to the merchant discount rate (MDR) framework for unified payments interface (UPI) transactions, the country’s fast-growing digital payments ecosystem will require a sustainable funding mechanism as transaction volumes continue to surge

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economictimes.indiatimes.com

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timesofindia.indiatimes.com

techcrunch.com

thehindu.com

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UPI ecosystem needs sustainable funding: RBI Governor

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Timeline cronologica

lunedì 3 agosto 2026·thehindubusinessline.com
Centre moves to reimpose MDR on UPI, extend tax breaks for contract manufacturers
The government proposes a new UPI MDR framework for large merchants and extends tax incentives for electronics manufacturing until 2041.
lunedì 3 agosto 2026·economictimes.indiatimes.com
Payment Bill rekindles MDR hopes for large-value UPI
Proposed amendments to the Payment and Settlement Systems Act may bring back merchant discount rates. This move could help banks and fintech firms recover technology and…

UPI ecosystem needs sustainable funding: RBI Governor

Confronto fonti

UPI ecosystem needs sustainable funding: RBI Governor

Timeline cronologica

Centre moves to reimpose MDR on UPI, extend tax breaks for contract manufacturers

Payment Bill rekindles MDR hopes for large-value UPI

RBI has funds to pay for UPI platform without having to charge merchants, customers

‘Someone has to pay the cost’: RBI governor on MDR proposal for UPI transactions above Rs 2,000

UPI Payments Above ₹2,000 May Attract Fee As Government Considers Merchant Charge Framework

UPI apps could chase big-ticket transactions as MDR return looms - The Economic Times

India moves to give its instant payments network a business model | TechCrunch

Payments bill revives hopes of MDR return on large-ticket UPI transactions - The Economic Times

India paves way for return of merchant fees on digital payments

Will UPI payments become chargeable? Centre moves to enable MDR

Merchant Discount Rate on UPI transactions? Amendments to payments act may pave way - what it means

India moves to give its instant payments network a business model | TechCrunch

Government moves closer to restoring MDR on UPI merchant payments

‘Someone has to pay the cost’: RBI governor on MDR proposal for UPI transactions above Rs 2,000

UPI MDR explained: What potential charges above Rs 2,000 on Paytm, GPay & other payment apps mean for you and merchants

UPI payments above Rs 2000 to attract MDR after debit, credit cards? Here’s what users need to know about the proposal - The Economic Times

UPI ecosystem needs sustainable funding: RBI Governor

Proposed UPI MDR could shift fintech focus to merchants, unlock sustainable revenue model

Consumers already bearing UPI costs through broader economy: RBI governor

RBI has funds to pay for UPI platform without having to charge merchants, customers

No decision yet on merchant discount rate on UPI deals

Service charge on UPI transactions makes sense

UPI apps could chase big-ticket transactions as MDR return looms - The Economic Times

Consumers already bearing UPI costs indirectly: RBI governor Malhotra

Will UPI remain free to use? | Explained