{"id":1042371,"date":"2026-10-12T08:36:02","date_gmt":"2026-10-12T03:06:02","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1042371"},"modified":"2026-10-12T08:43:46","modified_gmt":"2026-10-12T03:13:46","slug":"upi-mdr-framework-needs-rationalisation-to-protect-public-trust-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/12\/upi-mdr-framework-needs-rationalisation-to-protect-public-trust-report\/","title":{"rendered":"UPI MDR framework needs rationalisation to protect public trust: Report"},"content":{"rendered":"<p>Proposed merchant discount rate (MDR) framework for Unified Payments Interface (UPI) transactions needs to be rationalised before implementation to protect public trust in the digital payments system, according to a report. <\/p>\n<p>UPI, a public digital infrastructure, has generated significant convenience for users and productivity gains for the economy, with its long-term economic benefits outweighing the incremental income that could accrue from merchant transaction fees, the report titled &#8216;UPI at a Crossroads: Reintroducing the MDR&#8217; released by IIT Bombay said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Proposed merchant discount rate (MDR) framework for Unified Payments Interface (UPI) transactions needs to be rationalised before implementation to protect public trust in the digital payments system, according to a report. UPI, a public digital infrastructure, has generated significant convenience for users and productivity gains for the economy, with its long-term economic benefits outweighing the incremental income that could accrue from merchant transaction fees, the report titled &#8216;UPI at a Crossroads: Reintroducing the MDR&#8217; released by IIT Bombay said.<\/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-1042371","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\/1042371","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=1042371"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042371\/revisions"}],"predecessor-version":[{"id":1042395,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1042371\/revisions\/1042395"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1042371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1042371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1042371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}