The National Payments Corporation of India (NPCI) has announced a delay in the implementation of the Merchant Discount Rate (MDR) for UPI transactions. Originally set to commence on 15 October, the new timeline is now aligned...
The implementation of the Merchant Discount Rate (MDR) on specific Unified Payments Interface (UPI) transactions has been postponed until after Diwali, as confirmed by the National Payments Corporation of India (NPCI) on Tuesday. This decision aligns...
The National Payments Corporation of India (NPCI) has announced that the rollout of merchant discount rate (MDR) charges on specific Unified Payments Interface (UPI)...
The Supreme Court has requested clarifications from the government and the Reserve Bank of India (RBI) regarding the legal foundation for the charges associated...
The Supreme Court is set to consider a petition on Monday that contests the Indian government’s decision to implement a Merchant Discount Rate (MDR)...
The Madhya Pradesh Petroleum Dealers Association has confirmed that members will cease accepting Unified Payments Interface (UPI) transactions exceeding Rs 2,000 beginning October 16....