Page 4 - Mdr

The case for keeping UPI free outweighs the costs of its infrastructure

It is worth seeing the argument from a perspective that does not limit itself to asking how UPI infrastructure costs ought to be funded

Is free UPI viable? Pricing vital for digital public infra's future

The debate over UPI pricing is shifting as zero-MDR strains the ecosystem, raising questions over who should bear costs and whether a calibrated MDR can sustain digital public infrastructure

Govt weighing two models to offset UPI costs: FinMin tells Parl panel

Restoring MDR for high-threshold transactions/merchants; or a tiered incentive structure

Best of BS Opinion: Tribunals Bill can make hiring framework more robust

Today's opinions examine tribunal appointments, aviation leadership, consultation gaps in ethanol and UPI policy, philanthropic capital for science, and a true-crime investigation.

MDR in future only on some merchant UPI transactions: FM Sitharaman

"No MDR framework has yet been finalised," Sitharaman said. She added that consumers would continue to make instant digital payments through UPI without paying a transaction charge

Govt clarifies UPI to remain free; MDR may apply to large merchants later

The Ministry of Finance said UPI users will continue to pay no transaction charges, while a possible MDR could apply only to select merchant transactions above a threshold.

Best of BS Opinion: Stock exchange closing auction system needs review

The day's opinion highlights flaws in closing auctions, the funding challenge in digital payments, humane KYC, cognitive warfare and everyday gender discrimination

BS Explainer: MDR on UPI, existing fee structures and what may change next

The Taxation and Other Laws (Amendment) Bill, 2026, could pave the way for an MDR on UPI. Here's how MDR works, the current structure and what may change

Best of BS Opinion: Inflation projections demand monetary tightening

Today's opinions examine the RBI's inflation dilemma, rising life insurance surrenders, India's employment crisis, possible UPI charges and the shift from food to nutrition security

Payments Act amendment may be a precursor to MDR on UPI payments

Proposed amendment shifts the power to notify fee-protected payment modes to the Centre, a move industry sources see as an early step towards a possible UPI MDR

Zero MDR on UPI challenging sustainability of system: CareEdge Research

The report said that UPI is well positioned to consolidate its role as the backbone of India's payments landscape on the back of interoperability and a conducive regulatory environment

Fintech industry seeks UPI merchant discount rate levy on large sellers

MDR refers to a fee that merchants pay banks or companies processing payments for executing a transaction

Baseless, false: Finance Ministry denies reports of fee on UPI transactions

"The Government remains fully committed to promoting digital payments via UPI," the finance ministry said

MDR demand gains momentum as industry bodies rally behind proposal

MDR refers to a fee that merchants pay banks or companies (fintech) processing payments for executing a transaction

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

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

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?

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)

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

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