Tag: digital payments in India
Posted in Economy
Retailers push back against proposed 0.4% MDR on UPI transactions above Rs 2,000, warn of hit to thin margins
Kolkata: Retailers across the country are mounting a strong pushback against the proposed merchant discount rate (MDR) on unified payments interface (UPI) transactions above ₹2,000,…
Posted in Economy
Merchant fee on UPI rolling out as transaction floor set at Rs 2,000
New Delhi: India on Monday exempted transactions of up to ₹2,000 through Unified Payments Interface and all RuPay debit card payments from any charges imposed…
Posted in Startups
Global payment majors PayPal and Mastercard gain big post Pine Labs IPO
Pine Labs’ private market journey had two very large payment companies grabbing a slice of its capitalisation table: American digital payments major PayPal and global…