Tag Archives: Merchant Discount Rate

demand to receives rid of zero Merchant Discount Rate (MDR): A practical reader guide

The Congress on Wednesday (September 16, 2026) accused the government of giving in to a [...]

UPI payments between two individuals will remain completely free, no: A practical reader guide

Payments made to merchants up to ₹ 2,000 will also remain free. The new Unified [...]

“The Modi government’s loot has now reached UPI,” Congress chief: A practical reader guide

The Congress on Tuesday accused the government of breaking its own promise of keeping the [...]

‘Modi tax’: Opposition criticises Centre over UPI charges on merchant: A practical reader guide

The Opposition on Tuesday slammed the BJP government over its decision to introduce a 0.4 [...]

However, the NPCI clarified that merchants on-boarded cannot pass: A practical reader guide

The announcement of a 0.4% Merchant Discount Rate (MDR) on UPI payments above ₹ 2,000 [...]

As per the new rules, Person-to-Merchant (P2M) UPI payments above ₹: A practical reader guide

The National Payments Corporation of India ( NPCI ) announced on Tuesday that a 0.4% [...]