{"id":1035914,"date":"2026-09-16T10:31:00","date_gmt":"2026-09-16T05:01:00","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1035914"},"modified":"2026-09-16T11:20:06","modified_gmt":"2026-09-16T05:50:06","slug":"government-move-on-mdr-important-for-long-term-growth-sustainability-of-upi-ecosystem-phonepe-founder-sameer-nigam","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/16\/government-move-on-mdr-important-for-long-term-growth-sustainability-of-upi-ecosystem-phonepe-founder-sameer-nigam\/","title":{"rendered":"Government move on MDR important for long-term growth, sustainability of UPI ecosystem: PhonePe Founder Sameer Nigam"},"content":{"rendered":"<p>Bengaluru (Karnataka) [India], September 16 (ANI): Noting that roughly 70\u201380 crore UPI transactions take place every day, PhonePe founder CEO Sameer Nigam has said that the government\u2019s decision to introduce a 0.4 per cent Merchant Discount Rate (MDR) on merchant-related UPI transactions above Rs 2,000 will help industry generate revenue that can be reinvested into further growth. <\/p>\n<p>In an interview with ANI, he also said that around 96% of transactions will remain free because the majority of UPI transactions in India are below Rs 2,000. He said the government decision on MDR is important for the long-term growth and sustainability of the UPI ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bengaluru (Karnataka) [India], September 16 (ANI): Noting that roughly 70\u201380 crore UPI transactions take place every day, PhonePe founder CEO Sameer Nigam has said that the government\u2019s decision to introduce a 0.4 per cent Merchant Discount Rate (MDR) on merchant-related UPI transactions above Rs 2,000 will help industry generate revenue that can be reinvested into further growth. In an interview with ANI, he also said that around 96% of transactions will remain free because the majority of UPI transactions in India are below Rs 2,000. He said the government decision on MDR is important for the long-term growth and sustainability [&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":[91,4,24],"tags":[],"class_list":["post-1035914","post","type-post","status-publish","format-standard","hentry","category-it-2-the-tribune","category-newspapers","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035914","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=1035914"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035914\/revisions"}],"predecessor-version":[{"id":1036012,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035914\/revisions\/1036012"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1035914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1035914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1035914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}