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Policy● Neutral for Indian equities
UPI is accepted in 11 countries: Will MDR charges apply globally? What we know so far
The brief
- UPI is accepted in 11 countries; whether new MDR fees apply globally remains unclear
- Global UPI fee rules may affect Indian payment providers, including fintech and payments firms
- Mobile retailers plan October 2 protest against proposed 0.4% UPI MDR
- Supreme Court to hear challenge to MDR on UPI merchant payments above ₹2,000
- Who Absorbs UPI MDR? NSE CEO Rules Out Govt Talks As 0.02% Fee On Capital Markets Nears Kickoff
- NSE MD says no govt talks on new UPI MDR
- NSE chief says no government talks on UPI MDR; brokers and clients should resolve dispute