
Lessons from 2017: How Merchants Will Circumvent UPI MDR Charge Rules at the Billing Counter
Executive Summary: As regulatory discussions re-evaluate Merchant Discount Rate (MDR) frameworks for Unified Payments Interface (UPI) transa...

Executive Summary: As regulatory discussions re-evaluate Merchant Discount Rate (MDR) frameworks for Unified Payments Interface (UPI) transa...

The parliamentary authorization enabling the government to permit banks to levy charges on UPI transactions has exposed a commercial rift be...