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Withdrawal of zero MDR may jeopardise one of India’s most successful public policy innovations - The Economic Times
The Payment and Settlement Systems Amendment Bill has revived debate over MDR on UPI. While charges could support banks and fintech firms, the article argues they may burden small merchants, weaken financial inclusion and undermine the affordability behind UPI’s growth.
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economictimes.indiatimes.com
Government moves closer to restoring MDR on UPI merchant payments
Parliamentary amendments propose restoring merchant discount rates on UPI payments. This move aims to encourage digital transactions by allowing banks to charge fees. The…
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hindustantimes.com
Big change in UPI policy? Payments above ₹2,000 may carry a fee. What we know
The bill seeks to remove the provision that prevents banks and payment service providers from charging a fee, including MDR, on notified electronic payments. | India News
