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Mdr

Well-regulated, mkt-based mechanism necessary for UPI MDR: Sharath Bulusu

"In the long run, the payments ecosystem has to be viable in a country of our scale," said Bulusu

Well-regulated, mkt-based mechanism necessary for UPI MDR: Sharath Bulusu
Updated On : 20 Aug 2024 | 9:23 AM IST

BS BFSI Summit: MDR necessary to drive growth in digital payments

Education and awareness among the masses will absorb more users in the fold of digital payments

BS BFSI Summit: MDR necessary to drive growth in digital payments
Updated On : 30 Oct 2023 | 11:49 PM IST

How merchant discount rate can drive credit card acceptance in a big way

Is it time to rethink the MDR on credit cards in general, to boost their usage?

How merchant discount rate can drive credit card acceptance in a big way
Updated On : 02 Jul 2023 | 6:59 PM IST

Restore transaction fee on RuPay cards: Banks request finance ministry

MDR is a fee charged to a merchant for the payment processing of debit and credit card transactions. It is also referred to as the transaction discount rate (TDR)

Restore transaction fee on RuPay cards: Banks request finance ministry
Updated On : 25 May 2023 | 2:35 PM IST

How financial reforms can quicken pace for India to become a $5-trn economy

In the Union Budget for FY22, no funds were earmarked for recapitalising state-run banks. This was a decadal first, and will temper their eagerness to lend

How financial reforms can quicken pace for India to become a $5-trn economy
Updated On : 01 Jan 2023 | 7:27 PM IST

The case for pricing UPI transactions and what's at stake for banks

Banks pay a switching fee running into hundreds of crores every year for UPI, but have to offer the service for free

The case for pricing UPI transactions and what's at stake for banks
Updated On : 23 Aug 2022 | 10:10 PM IST

RBI moots 'tiered' charge on payments through UPI, seeks public feedback

The RBI has asked for feedback and suggestions before October 3

RBI moots 'tiered' charge on payments through UPI, seeks public feedback
Updated On : 21 Aug 2022 | 8:29 PM IST

Explained: How 2% MDR on RuPay-UPI may affect credit card industry

According to analysts, SBI Card and Paytm stand to gain the most if RBI agrees to levy 2% merchant discount rate (MDR) on RuPay-based credit cards linked to UPI

Explained: How 2% MDR on RuPay-UPI may affect credit card industry
Updated On : 27 Jul 2022 | 6:50 PM IST
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Will UPI on credit cards take off?

The RBI has allowed the linking of RuPay credit cards with UPI. But it will also carry a merchant fee. Will UPI on credit cards take off? Or the merchant fee will spoil the party? Let's find out

Will UPI on credit cards take off?
Updated On : 27 Jul 2022 | 7:00 AM IST

Merchant discount rate on UPI-RuPay credit cards likely to be 2%

NPCI set to seek RBI nod for scheme; free swipes at smaller outlets

Merchant discount rate on UPI-RuPay credit cards likely to be 2%
Updated On : 26 Jul 2022 | 6:10 AM IST

Govt to refund MDR losses to banks on digital payments for FY23

Payment companies like Visa and Mastercard have been seeking a level playing field with RuPay, claiming the government is favouring the latter

Govt to refund MDR losses to banks on digital payments for FY23
Updated On : 16 Dec 2021 | 1:43 AM IST

Paytm waives charges on merchant transactions; to absorb MDR of Rs 600 cr

This is to support micro, small and medium enterprises (MSMEs) during the ongoing pandemic the company said.

Paytm waives charges on merchant transactions; to absorb MDR of Rs 600 cr
Updated On : 02 Dec 2020 | 1:20 AM IST

MDR waiver to hit fintechs, payments companies' business model

Industry fears the move to drag the growth of digital payments

MDR waiver to hit fintechs, payments companies' business model
Updated On : 29 Jan 2020 | 10:06 AM IST

How digital payments merchants await debit card reimbursements since Jan

In a bid to encourage electronic payments, the central government in December 2017 decided to bear the MDR applicable on digital transactions worth Rs 2,000 through debit card

How digital payments merchants await debit card reimbursements since Jan
Updated On : 28 Sep 2018 | 11:34 AM IST