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The Finance Ministry on June 11 dismissed claims that Merchant Discount Rate (MDR) charges will be applied on UPI transactions calling speculations as “completely false, baseless, and misleading”.
Paytm share price today, June 12: Paytm drops 10% as Finance Ministry dismisses MDR fee rumors; monitor future developments!
Paytm share price fell 10% to ₹864.40 after the Finance Ministry rejected claims about implementing a Merchant Discount Rate on UPI transactions, affecting investor confidence.
The Indian government is considering reintroducing a merchant discount rate (MDR) on UPI transactions above a certain threshold (likely Rs 2,000-5,000) to compensate banks and payment service ...
SUMMARY Sharma expects to see a margin structure similar to what exists today for credit and debit card transactions if MDR is allowed for UPI transactions The Paytm CEO cautioned that the ...
The PixelMug P1 introduces a unique approach to the concept of a smart mug, combining advanced technology, creative features, and practical design into a single, multifunctional product.
The aim of one study, by Science Direct, was to “investigate the efficacy of cinnamaldehyde against MDR-A. Baumannii (an antibiotic resistant bacteria)”.
The organisation has requested the re-introduction of 30bps or 0.3 percent as MDR on UPI payments for large merchants. Large merchants are those with a turnover of over Rs 40 lakh annually.
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