The Fine Print Behind the UPI MDR Debate
This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
Explore the latest news, in-depth reports, and executive analysis tagged with #Mdr.
This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
The proposed amendment, tabled by FM Nirmala Sitharaman, marks a shift from the existing legal framework, under which UPI enjoys a statutory exemption from MDR.
In this edition, we revisit the longest-running payments debate i.e. UPI MDR; and we explore what happens when sovereign AI, venture capital and national interest collide.
A quick update on Visa’s move to discontinue the special pricing for utilities; and why TPG's JV with TCS to build AI data centres is not a mere coincidence.
Interestingly, not just payment aggregators, the has decided to charge some large merchants – who use the bank’s UPI directly.
India processed 18.4 billion UPI transactions worth Rs 24.04 lakh crore in June.
While the government insists UPI is free, hidden charges, unsustainable incentives, and industry frustrations tell a different story.