NPCI Statement On UPI MDR: Tamanna Inamdar Breaks Down Deferment Statement

By NDTV Profit

Community Score: 50% | 145 views | 3d

0 community ratings: null thumbs up, null thumbs down

The implementation of merchant discount rates (MDR) on select Unified Payments Interface (UPI) transactions will be deferred until after Diwali, the National Payments Corporation of India (NPCI) said on Tuesday. The UPI and Services Steering Committee took the decision on Oct. 13, keeping the festive season in mind. The revised rates will take effect immediately after Diwali, on a date to be notified separately, according to an NPCI statement. The decision delays the planned Oct. 15 rollout of charges on certain merchant transactions, giving businesses and payment service providers more time before the revised framework comes into effect. #upi #transaction #payments For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-reports Follow NDTV Profit here Twitter: https://twitter.com/NDTVProf

Tags: ndtv profit, stock market, stock market news, stock market india, stock market today, today stock market news, share market live, share market live today, share market news live, today share market news, top stocks in focus, top stocks to buy, nifty live, union budget news, finance news, latest finance news, business news, latest business news, business news today