Tag: mdr
Posted in Economy
UPI’s new MDR pot: 5% of collections to be used for bringing small merchants online
The National Payments Corporation of India (NPCI) has proposed a dedicated fund financed from Merchant Discount Rate (MDR) collections to support small merchants and expand…
Posted in Economy
India’s UPI miracle has a money problem; can Budget 2026 fix it?
As Budget 2026 draws closer, Nirmala Sitharaman & Co faces a clear choice: fix the cracks in the UPI ecosystem now, or allow the momentum…