MDR on UPI Unlikely to Trigger 'Large-Scale' Increase in Fees: World Bank's Neelkanth Mishra - tennews.in: National News Portal
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New Delhi, Oct 3 (IANS) World Bank Group Executive Director Neelkanth Mishra on Saturday said that allowing Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions would be a mandate. However, it is unlikely to lead to a significant increase in fees due to intense competition in the payments sector. Speaking to IANS on the sidelines of the fifth Kautilya Economic Conclave in the national capital, Mishra said that fears of …
MDR on UPI unlikely to trigger 'large-scale' increase in fees: World Bank's Neelkanth Mishra
Allowing Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions would serve as an enabling provision and is unlikely to lead to a significant increase in charges because of intense competition in the payments ecosystem, said Neelkanth Mishra, Executive Director at the World Bank Group, on Saturday.
MDR on UPI unlikely to trigger 'large-scale' increase in fees: World Bank's Neelkanth Mishra - tennews.in: National News Portal
New Delhi, Oct 3 (IANS) Allowing Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions would serve as an enabling provision and is unlikely to lead to a significant increase in charges because of intense competition in the payments ecosystem, said Neelkanth Mishra, Executive Director at the World Bank Group, on Saturday. In a […] The post MDR on UPI unlikely to trigger ‘large-scale’ increase in fees: World Bank’s Neelkant…
MDR on UPI unlikely to trigger fee hikes: World Bank's Neelkanth Mishra
Digital Desk | New Delhi, Oct 3 (IANS) Allowing Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions would serve as an enabling provision and is unlikely to lead to a significant increase in charges because of intense competition in the payments ecosystem, said Neelkanth Mishra, Executive Director at the World Bank Group, on Saturday. In a conversation with IANS, on the sidelines of the 5th Kautilya Economic Conclave h…
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