Mdr
-
{
- All
- News
- Videos
-
Paytm Guides 2-3 Quarter Horizon For UPI MDR Transition To Stabilise After Strong Q2 Show
Paytm expects its payment processing margin to expand by 2.5 basis points following the implementation of UPI Merchant Discount Rate, with the full impact of the transition expected to settle over the next two to three quarters, the company said alongside its September quarter results.
-
UPI Merchant Charges Above Rs 2,000 To Be Implemented After Diwali
Big Change For UPI Users: According to the Centre, the proposed MDR is intended to help fund UPI infrastructure, which costs Rs 20,000 crore annually.
-
UPI MDR Framework Needs Rationalisation To Protect Public Trust: Report
IIT Bombay has recommended focusing UPI merchant discount rate charges on businesses with annual turnover of Rs 50 crore or more.
-
New UPI Charges May Be Delayed. Traders Write To Finance Minister, Seek Festive Season Reprieve
Under the proposed framework, an MDR of 0.4 per cent will apply to select person-to-merchant (P2M) UPI transactions above Rs 2,000.
-
No PUC, No Fuel, UPI Merchant Charges: What Changes In October
October brings stricter pollution checks at Delhi petrol pumps, a new merchant fee on larger UPI payments from October 15, and changes to SBI ATM limits, LPG subsidy checks and NPS charges. Ordinary UPI users will not be charged.
-
SC Issues Notice To Govt, RBI, NPCI On Plea Challenging UPI MDR Levy Above Rs 2,000
The Supreme Court also sought an explanation on the scope of executive power to issue the MDR proposal and the rationale for the proposal.
-
SC To Hear On Monday Plea Challenging Imposition Of MDR On UPI Payments Above Rs 2000
Plea questions legal basis of new fee regime for high-value merchant transactions, set to take effect from October 15.
-
Who Absorbs UPI MDR? NSE CEO Rules Out Govt Talks As 0.02% Fee On Capital Markets Nears Kickoff
NSE CEO Ashish Chauhan said there were no government talks on the new UPI MDR, leaving brokers and clients to address the cost. A 0.02% charge on capital-market UPI payments will apply from 15 October, capped at Rs 300.
-
Sahajanand Medical Technologies Receives EU MDR Certification For Supraflex Cruz And Product Family, Reinforcing Global Compliance And Patient Safety
Sahajanand Medical Technologies Limited (SMT) is a leading player in India's drug-eluting stent market and ranks among the top five companies in key European markets, including Germany, Spain and Poland.
-
UPI Charge Not Tax, 96% Transactions Won't Be Unaffected: Government Sources
The government and the National Payments Corporation of India (NPCI), which operates UPI, have said that MDR is a merchant-side payment-processing charge, not a tax, cess or surcharge.
-
'6 Crore Traders Disappointed': Trade Body Urges Nirmala Sitharaman To Roll Back UPI Charges
CTI has asked the Finance Ministry to reconsider MDR charges, saying that a fee on larger UPI transactions could make cash more attractive.
-
'Neither Tax, Nor Cess': FM Nirmala Sitharaman Slams Opposition Over Misinformation' On UPI MDR
From Oct. 15, a 0.4% MDR will apply to person-to-merchant UPI payments above Rs 2,000. The charge will be paid by merchants, not consumers, and will be capped at Rs 300 for transactions of Rs 75,000 or more.
-
'0.40% UPI MDR Will Wipe Out Survival Margins’: Mobile Retailers Sound Alarm To FM Sitharaman
The All India Mobile Retailers Association has urged the Centre to exempt small and medium mobile retailers from UPI MDR charges, warning that a 0.40% fee could further squeeze already-thin margins.
-
Fuel Pumps Warn They Won't Accept UPI Payments Above Rs 2,000 Over New Fee
Petrol pump dealers are seeking a complete exemption from the proposed 0.4% MDR on UPI fuel payments and may stop accepting UPI transactions above Rs 2,000 from October 15.
-
"UPI Payment Will Not Be Accepted": Ghaziabad Traders Put Up Notices Over MDR
"UPI Payment Will Not Be Accepted" notices have appeared outside shops in Ghaziabad as traders protest the proposed MDR on selected UPI transactions above Rs 2,000 from October 15.
-
Paytm Guides 2-3 Quarter Horizon For UPI MDR Transition To Stabilise After Strong Q2 Show
Paytm expects its payment processing margin to expand by 2.5 basis points following the implementation of UPI Merchant Discount Rate, with the full impact of the transition expected to settle over the next two to three quarters, the company said alongside its September quarter results.
-
UPI Merchant Charges Above Rs 2,000 To Be Implemented After Diwali
Big Change For UPI Users: According to the Centre, the proposed MDR is intended to help fund UPI infrastructure, which costs Rs 20,000 crore annually.
-
UPI MDR Framework Needs Rationalisation To Protect Public Trust: Report
IIT Bombay has recommended focusing UPI merchant discount rate charges on businesses with annual turnover of Rs 50 crore or more.
-
New UPI Charges May Be Delayed. Traders Write To Finance Minister, Seek Festive Season Reprieve
Under the proposed framework, an MDR of 0.4 per cent will apply to select person-to-merchant (P2M) UPI transactions above Rs 2,000.
-
No PUC, No Fuel, UPI Merchant Charges: What Changes In October
October brings stricter pollution checks at Delhi petrol pumps, a new merchant fee on larger UPI payments from October 15, and changes to SBI ATM limits, LPG subsidy checks and NPS charges. Ordinary UPI users will not be charged.
-
SC Issues Notice To Govt, RBI, NPCI On Plea Challenging UPI MDR Levy Above Rs 2,000
The Supreme Court also sought an explanation on the scope of executive power to issue the MDR proposal and the rationale for the proposal.
-
SC To Hear On Monday Plea Challenging Imposition Of MDR On UPI Payments Above Rs 2000
Plea questions legal basis of new fee regime for high-value merchant transactions, set to take effect from October 15.
-
Who Absorbs UPI MDR? NSE CEO Rules Out Govt Talks As 0.02% Fee On Capital Markets Nears Kickoff
NSE CEO Ashish Chauhan said there were no government talks on the new UPI MDR, leaving brokers and clients to address the cost. A 0.02% charge on capital-market UPI payments will apply from 15 October, capped at Rs 300.
-
Sahajanand Medical Technologies Receives EU MDR Certification For Supraflex Cruz And Product Family, Reinforcing Global Compliance And Patient Safety
Sahajanand Medical Technologies Limited (SMT) is a leading player in India's drug-eluting stent market and ranks among the top five companies in key European markets, including Germany, Spain and Poland.
-
UPI Charge Not Tax, 96% Transactions Won't Be Unaffected: Government Sources
The government and the National Payments Corporation of India (NPCI), which operates UPI, have said that MDR is a merchant-side payment-processing charge, not a tax, cess or surcharge.
-
'6 Crore Traders Disappointed': Trade Body Urges Nirmala Sitharaman To Roll Back UPI Charges
CTI has asked the Finance Ministry to reconsider MDR charges, saying that a fee on larger UPI transactions could make cash more attractive.
-
'Neither Tax, Nor Cess': FM Nirmala Sitharaman Slams Opposition Over Misinformation' On UPI MDR
From Oct. 15, a 0.4% MDR will apply to person-to-merchant UPI payments above Rs 2,000. The charge will be paid by merchants, not consumers, and will be capped at Rs 300 for transactions of Rs 75,000 or more.
-
'0.40% UPI MDR Will Wipe Out Survival Margins’: Mobile Retailers Sound Alarm To FM Sitharaman
The All India Mobile Retailers Association has urged the Centre to exempt small and medium mobile retailers from UPI MDR charges, warning that a 0.40% fee could further squeeze already-thin margins.
-
Fuel Pumps Warn They Won't Accept UPI Payments Above Rs 2,000 Over New Fee
Petrol pump dealers are seeking a complete exemption from the proposed 0.4% MDR on UPI fuel payments and may stop accepting UPI transactions above Rs 2,000 from October 15.
-
"UPI Payment Will Not Be Accepted": Ghaziabad Traders Put Up Notices Over MDR
"UPI Payment Will Not Be Accepted" notices have appeared outside shops in Ghaziabad as traders protest the proposed MDR on selected UPI transactions above Rs 2,000 from October 15.
