IIT-B Report Urges Banks to Waive Their UPI Fees
IIT-B report suggests banks waive UPI MDR fees after gaining significantly from CASA deposits, proposing to reduce MDR from 0.4% to 0.08%.
Tag: digital payments
Supreme Court Upholds MDR on UPI, Calls for Government Explanation
Supreme Court maintains MDR on UPI transactions, seeks government clarification, emphasizing the impact on merchants and digital payments.
Government and Payment Gateways Tackle UPI Fee Concerns
Efforts intensify to prevent merchants from transferring UPI fees to consumers.