Paytm will now cut 1% from every transaction (GST included) for payments merchants accept into their Paytm Wallet. Previously, the company would cut around...
Over the last month, NPCI has slashed merchant discount rates (MDR) for merchant transactions using BHIM UPI and RuPay Debit Card to encourage adoption...
Five representatives from the digital payment industry reportedly met the officials of the Finance ministry last week and discussed challenges on the removal of merchant...
The Business Standard reports that banks are not paying payment companies their due of government-subsidized Merchant Discount Rate revenue (MDR). The report cites multiple banks...