UPI MDR

UPI customers will never be charged, new MDR framework to fund ecosystem: PhonePe CEO
Technology

UPI customers will never be charged, new MDR framework to fund ecosystem: PhonePe CEO

UPI customers will continue to use the Unified Payments Interface without charges under the new Merchant Discount Rate (MDR) framework,…
UPI Sustainability Push: Govt Weighs MDR on Select Transactions, Tiered Incentive Plan
Business

UPI Sustainability Push: Govt Weighs MDR on Select Transactions, Tiered Incentive Plan

The government is considering restoring the merchant discount rate (MDR) on select high-value UPI transactions or introducing a tiered incentive…
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