Bankers have proposed that the Centre bring back merchant discount rate (MDR) on UPI and RuPay-based transactions for large ...
Currently, there is no merchant discount rate (MDR) on UPI and RuPay debit card transactions processed through the National ...
Government weighs return of merchant fees on UPI, RuPay transactions: Why user may not have to worry
The government is considering reinstating merchant charges on UPI and RuPay debit card payments for large ... for large merchants was sent to the Union government by the industry (banks) and ...
These cards can be used at ATMs, point of sale (PoS) machines, and online merchants overseas. Additionally, RuPay Debit, credit ... the Reserve Bank of India (RBI) has decided to allow Indian ...
The government may be considering bringing back merchant charges on transactions made using Unified Payments Interface (UPI) and RuPay-powered debit cards ... merchant to the bank for processing ...
Customers with RuPay credit cards issued by Axis Bank, Bank of Baroda, Canara Bank, HDFC Bank, Indian Bank, Kotak Mahindra Bank, Punjab National Bank and Union Bank of India will be able to avail ...
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