Government weighs return of merchant fees on UPI, RuPay transactions: Why user may not have to worry
The government is considering reinstating merchant charges on UPI and RuPay debit card payments for large merchants, which were waived in 2022. Fintech companies argue that these businesses can ...
The Union government is mulling over the reinstatement of merchant charges for unified payment interface (UPI) transactions and RuPay debit cards, The Economic Times reported. The banking industry ...
The government may reintroduce merchant discount rate charges on UPI and RuPay transactions for large merchants, impacting the digital payments landscape. The Central government is contemplating ...
The government is considering reintroducing merchant fees on UPI and RuPay transactions for businesses with over Rs 40 lakh turnover. A tiered pricing system is proposed, with potential impacts on ...
The government is evaluating a proposal to bring back merchant charges on transactions conducted through Unified Payments Interface (UPI) and RuPay debit cards, according to a report by The Economic ...
Listen to Story Government may bring back merchnat charges on UPI and RuPay Currently, no merchant discount rate is charged on these payment methods A formal proposal in this regard has been submitted ...
The Indian government is reconsidering its exemption of UPI and RuPay card payments from the Merchant Discount Rate (MDR), a key revenue source for online payments. Merchant Discount Rate (MDR) refers ...
Currently, there is no merchant discount rate (MDR) on UPI and RuPay debit card transactions processed through the National Payments Corporation of India. These charges are paid by merchants to banks ...
The government is reportedly considering a proposal to reintroduce merchant charges on Unified Payments Interface (UPI)-based transactions and RuPay-powered debit card payments, according to The ...
The Indian government is considering reimposing merchant charges on Unified Payments Interface (UPI) and RuPay debit card transactions for large merchants. The move comes after the fees were ...
5-Year U.S. Treasury Note Continuous Contract $107.664-0.031-0.03% 10-Year U.S. Treasury Note Continuous Contract $110.609-0.031-0.03% ...
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