Will UPI Underdogs CRED, Navi, Groww And Others Actually See The MDR Boost?

UPI Monetisation: Can MDR Help Smaller Fintechs Compete with the Big Three?

As India inches closer to UPI monetisation via MDR, only a few fintech startups may actually benefit—while the… The post UPI Monetisation: Can MDR Help Smaller Fintechs Compete with the Big Three? appeared first on IMP.NEWS.

Will UPI Underdogs CRED, Navi, Groww And Others Actually See The MDR Boost?

Will the MDR tide lift all UPI apps? That’s the big question as we enter the critical phase of discussions and consultations around monetisation of UPI payments in India. The absence of the merchant discount rate or MDR on UPI transactions has long been a pain point for startups. India’s fintech sector has invested billions in creating the infrastructure needed for UPI payments penetration but has not seen much in the way of revenue upside. The …