MDR

No MDR on UPI: India’s Finance Ministry Debunks “False” Reports

by
No MDR on UPI: India’s Finance Ministry Debunks “False” Reports

The Indian Finance Ministry has firmly denied recent reports claiming the government plans to impose a Merchant Discount Rate (MDR) on UPI transactions, calling them “completely false, baseless, and misleading.” The ministry emphasized its continued commitment to promoting digital payments through UPI. Understanding the Backstory The rebuttal comes after media speculation suggested an MDR might … Read more

Paytm’s Rs 864.20 Low: A Deep Dive into the MDR Controversy and Technical Outlook

by
Paytm's Rs 864.20 Low: A Deep Dive into the MDR Controversy and Technical Outlook

Paytm shares tumbled 10% on Thursday, June 12, 2025, hitting a low of Rs 864.20. This sharp decline followed speculation that the Indian government might reintroduce the Merchant Discount Rate (MDR) on UPI payments. However, the Finance Ministry quickly dismissed these reports as “false, baseless, and misleading,” reaffirming that no MDR has been imposed on … Read more