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No Merchant Discount Rate Will Be Levied on Transactions Through UPI Platforms: FM

No Merchant Discount Rate Will Be Levied on Transactions Through UPI...

Government clears doubts, supports digital payments growth

12 Jun 2025 7:38 PM IST

A coach of Jammu Tawi-New Delhi Rajdhani Express derailed on Thursday at the New Delhi Railway station. (Photo: ANI)

Tickets booked on IRCTC website may cost less as MDR likely to go

At present, Indian Railways' catering and tourism arm transfers MDR charge to passenger.

6 Oct 2017 3:10 PM IST

I-T had also conducted survey on Chandni Chowk branch of Axis bank last week and had found several fake accounts. (Photo: Facebook)

Axis Bank launches co-branded credit card with Flipkart, eyes 1...

The bank has 6.17 million credit cards in use, making it the fourth largest issuer in the country.

11 July 2019 8:02 PM IST

The key findings of surveys and recommendations have been submitted to the RBI Committee on Deepening of Digital Payments. (Photo: ANI)

PCI says abolishing MDR charges to dry up investment capital, kill...

PCI said digital payments in India have received quite high interest from various investors, both domestic and...

9 July 2019 6:25 PM IST

A railways official said the money for the project would come from the Nirbhaya fund. (Photo: @RailMinIndia)

Passengers not to be charged for MDR booking of railway tickets

Benefits on govt transactions must be passed on to public, and they should not face MDR charges while making payments to...

2 March 2018 10:15 AM IST

MDR is the charge paid by a shopkeeper to a bank for facilitating payment from customers through debit cards.

Card transaction costs lowered for 2 years

Centre to bear cost of transaction of up to Rs 2,000; reluctant merchants will have no more excuses.

16 Dec 2017 1:19 AM IST