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Browsing Tag

merchant discount rate

5 posts
MMobile
Customers may not be able to use UPI at mobile stores on October 2; why retailers are protesting
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Customers may not be able to use UPI at mobile stores on October 2; why retailers are protesting

  • September 28, 2026
Customers shopping for mobile phones, accessories and related services at retail stores may face disruptions while making UPI…
MMobile
'Govt can't subsidise everything': Niti Aayog VC's 'bees and honey' take on UPI charges | India News
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‘Govt can’t subsidise everything’: Niti Aayog VC’s ‘bees and honey’ take on UPI charges | India News

  • September 16, 2026
Businesses should bear modest UPI transaction costs, govt cannot subsidise everything: NITI Aayog VC Lahiri NEW DELHI: NITI…
MMobile
Free to fee: 0.4% on UPI payments over Rs 2,000
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Free to fee: 0.4% on UPI payments over Rs 2,000

  • September 16, 2026
MDR kicks in from October 15 NEW DELHI: National Payments Corporation of India on Tuesday announced a 0.4%…
MMobile
Razorpay CEO joins PhonePe chief in backing free UPI payments for consumers amid doubts over MDR
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Razorpay CEO joins PhonePe chief in backing free UPI payments for consumers amid doubts over MDR

  • August 9, 2026
After PhonePe founder and CEO Sameer Nigam assured consumers that UPI payments would remain free for them, Razorpay’s…
MMobile
mint
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‘UPI is and will remain free’: PhonePe’s Sameer Nigam assures amid growing doubts over MDR Bill

  • August 8, 2026
UPI will remain free for consumers, PhonePe CEO Sameer Nigam said amid growing concern over transaction charges on…
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