The National Payments Corporation of India (NPCI) has deferred the proposed 0.4% Merchant Discount Rate (MDR) charge on UPI transactions above Rs 2,000, pushing its implementation to after the Diwali festival season.…
With the 0.4% Merchant Discount Rate (MDR) on UPI payments above Rs 2,000 set to take effect from 15 October, hostels and paying guest accommodations in Hyderabad have stopped accepting rent via…
The Supreme Court on Monday declined to put an interim stay on the government's decision to levy a merchant discount rate (MDR) on UPI payments above Rs 2,000. A bench led by…
Traders across Maharashtra will observe 'No UPI Day' on October 2, Gandhi Jayanti, protesting the government's decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000. The…
The government will introduce a Merchant Discount Rate (MDR) of 0.4% on UPI payments above Rs 2,000 from October 15. Individual users will not pay the fee, only merchants will. The fee…
Only about 10% of the total value of UPI transactions subject to the new merchant discount rate (MDR) faces a risk of the charge being passed on to consumers, National Payments Corporation…
Petrol pump dealers in Madhya Pradesh will stop accepting UPI payments above Rs 2,000 from October 16, protesting the new merchant discount rate (MDR) that applies to larger transactions. The Madhya Pradesh…
Five Congress MPs, including former finance minister P Chidambaram, were present when the Parliamentary Standing Committee on Finance approved a report recommending a tiered revenue mechanism for UPI on August 12, with…
The government will levy a 0.4% merchant discount rate (MDR) on UPI person-to-merchant transactions above Rs 2,000 from October 15, ending six years of a zero-fee network for merchants. Person-to-person transfers and…
The finance ministry has denied opposition claims that foreign pressure led to the decision to impose a 0.4 per cent Merchant Discount Rate on UPI transactions above Rs 2,000 from October 15.…
Ashin Xavier: interesting
IO Repro: Repro test v4 after fix 2 Oct. Safe to trash.
IO Repro: Repro test v3 after fix 2 Oct. Safe to trash.
IO Repro: Repro test after fix 2 Oct. Safe to trash.