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MDR applies only on merchants, not on end users: FM

Finance Minister Nirmala Sitharaman on Thursday said that merchant discount rate (MDR) is applied only on merchants and not on end users. However, she clarified that no decision yet on MDR has been taken yet.

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economictimes.indiatimes.com

timesofindia.indiatimes.com

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thehindubusinessline.comStai leggendo1 g fa

MDR applies only on merchants, not on end users: FM

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giovedì 6 agosto 2026·thehindubusinessline.com
MDR applies only on merchants, not on end users: FM
Finance Minister Nirmala Sitharaman on Thursday said that merchant discount rate (MDR) is applied only on merchants and not on end users. However, she clarified that no decision…
giovedì 6 agosto 2026·economictimes.indiatimes.com
FM says MDR on UPI applies to merchants, not customers; fintechs, banks will invest more on security
Finance Minister Nirmala Sitharaman stated Merchant Discount Rate applies to merchants, not customers. This charge will support banks and fintech companies in infrastructure…

MDR applies only on merchants, not on end users: FM

Confronto fonti

MDR applies only on merchants, not on end users: FM

Timeline cronologica

MDR applies only on merchants, not on end users: FM

FM says MDR on UPI applies to merchants, not customers; fintechs, banks will invest more on security

MDR on UPI applies to merchants, not customers: Nirmala Sitharaman

FM says MDR on UPI applies to merchants, not customers; fintechs, banks will invest more on security

Will you have to pay to use UPI? FM Sitharaman clarifies who bears MDR

MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh - The Economic Times

Will you have to pay to use UPI? FM Sitharaman clarifies who bears MDR

MDR on UPI applies to merchants, not customers: Nirmala Sitharaman