MDR

MDR stands for Merchant Discount Rate, a fee paid by merchants to banks for processing digital payments. It is a standard charge applied to transactions made through platforms like UPI.

Why it’s in the news: It is in the news due to a proposed rollout of MDR on UPI transactions, which has faced significant pushback from retailers and led to protests.

Latest on MDR

• Pine Labs, Paytm, MobiKwik Shares Slide Amid Reports Of UPI MDR Delay
• UPI MDR Rollout May Be Deferred To January 2027 Amid Pushback By Retailers
• MDR a small fee, will not have major impact on UPI volumes: RBI Guv Malhotra
• ‘No UPI Day’: Mobile, FMCG Retailers To Protest UPI MDR On October 2
• SC Refuses To Stay UPI MDR, Seeks Centre’s Response On ₹2,000 Threshold
• UPI MDR: SC seeks responses from Centre, RBI
• With greater clarity around the monetisation of UPI payments following' the introduction of a new Merchant Discount Rate (MDR) framework

Connections

28 entities linked to MDR across the news graph.