MDR

Beyond the QR Code: Understanding the Financial Impact of UPI’s New MDR Framework

Bharath walks into a shop to buy a mobile phone worth ₹50,000. He scans the UPI QR code, enters the amount and within seconds, the payment is done. There is no cash, no card and no extra charge visible to...
Business 
Read More...

Hidden Economics

The reassuring part of the new Unified Payments Interface (UPI) framework is that customers will apparently not be charged for using UPI. The more interesting part is who, then, pays for keeping one of the world’s most widely used digital-payment...
Editorial 
Read More...