UPI MDR Explained: Who really gets the 40 basis points, and how much
UPI's new 0.4% MDR grabbed headlines, but the real story is who profits. By our estimates, the top three UPI apps could get up to 40% of the MDR split.
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UPI's new 0.4% MDR grabbed headlines, but the real story is who profits. By our estimates, the top three UPI apps could get up to 40% of the MDR split.
Succession planning is likely to remain an area that investors will watch over long term with Cult.fit IPO expected to be largely an OFS-driven liquidity event.
The story behind ICICI Bank's interchange recovery effort starts with merchant category codes and the economics they shape.
Ten years after the launch of SIDBI's Fund of Funds, it is time to examine how the institution evolved alongside India's startup ecosystem.
In this deep-dive, we look at the time when consumer electronics company Boat had filed the DRHP in 2022 and the point where it may have peaked before it began to slide.