Tag: merchant discount rate

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Posted in Economy

Lok Sabha passes Bill enabling Centre to allow UPI charges, MDR on digital payments

The Lok Sabha on Thursday passed amendments to the Payment and Settlement Systems (PSS) Act, 2007, paving the way for the Centre to allow banks…

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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…

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