{"id":1026583,"date":"2026-08-06T08:08:02","date_gmt":"2026-08-06T02:38:02","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1026583"},"modified":"2026-08-06T09:02:19","modified_gmt":"2026-08-06T03:32:19","slug":"no-decision-yet-on-merchant-discount-rate-on-upi-deals","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/06\/no-decision-yet-on-merchant-discount-rate-on-upi-deals\/","title":{"rendered":"No decision yet on merchant discount rate on UPI deals"},"content":{"rendered":"<p>Mumbai: Central bank governor Sanjay Malhotra on Wednesday said it was premature to comment on market talk that the government may levy a merchant discount rate (MDR) on select UPI transactions, saying discussions are still underway on the payment mechanism that has helped replace the use of physical cash for many small-ticket transactions. <\/p>\n<p>The central bank&#8217;s focus, he said, was on strengthening UPI adoption. &#8220;It is very premature to talk right now. The government is still carrying out the amendment,&#8221; he said, while adding that the costs involved in the electronic payment mechanism would ultimately &#8220;have to be paid by someone.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Central bank governor Sanjay Malhotra on Wednesday said it was premature to comment on market talk that the government may levy a merchant discount rate (MDR) on select UPI transactions, saying discussions are still underway on the payment mechanism that has helped replace the use of physical cash for many small-ticket transactions. The central bank&#8217;s focus, he said, was on strengthening UPI adoption. &#8220;It is very premature to talk right now. The government is still carrying out the amendment,&#8221; he said, while adding that the costs involved in the electronic payment mechanism would ultimately &#8220;have to be paid by [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1026583","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1026583"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026583\/revisions"}],"predecessor-version":[{"id":1026603,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1026583\/revisions\/1026603"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1026583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1026583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1026583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}