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Browsing Tag

merchant discount rate

7 posts
MMobile
UPI MDR: Will ordinary consumers be charged for making online payments to friends, family, or personal contacts?
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UPI MDR: Will ordinary consumers be charged for making online payments to friends, family, or personal contacts?

  • October 9, 2026
Livemint For about a decade, Livemint—News Desk has been a credible source for authentic and timely news, and…
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
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
Keeping UPI accessible, secure and trusted - Deccan Herald
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Keeping UPI accessible, secure and trusted: Balancing free payments with systemic growth – Deccan Herald

  • August 23, 2026
Keeping UPI accessible, secure and trusted: Balancing free payments with systemic growth  Deccan HeraldIndia built the world’s biggest digital…
MMobile
Keeping UPI accessible, secure and trusted - Deccan Herald
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Keeping UPI accessible, secure and trusted – Deccan Herald

  • August 23, 2026
Keeping UPI accessible, secure and trusted  Deccan HeraldIndia built the world’s biggest digital payments miracle. Now comes the bill  BBCThe…
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
The bank will not charge payment aggregators if the UPI transactions are settled directly into an ICICI Bank account held by the merchant.
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ICICI Bank to charge Google Pay, Phone Pe & other payment aggregators for UPI transactions: What it means for users

  • August 1, 2025
Starting August 1, private sector lender ICICI Bank will start charging payment aggregators (PAs) a fee for handling…
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