Policy● Neutral for Indian equities
UPI MDR Charges: Will small-value transactions be impacted? What's Person-to-Merchant (P2M) fees? Details inside
The brief
- A new MDR framework applies from October 15 to UPI merchant payments above ₹2,000
- Not all merchants or transactions will be affected
- Payment fee changes may affect fintech platforms and merchants, including Indian MSMEs
- NPS industry may double or triple in 5-6 years: SBI Pension Funds MD & CEO
- Pharma dept to offer gap funding for early-stage novel drug discovery
- AIMRA announces nationwide 'No UPI Day' on October 2 to protest against proposed MDR for UPI transactions
- EU scrap curbs may raise costs for Indian metalmakers, threaten MSMEs
UPI transaction value may drop 10% after Oct 15 MDR rollout: Survey
Sunday, 4 October
- UPI MDR Charges: Will small-value transactions be impacted? What's Person-to-Merchant (P2M) fees? Details inside