{"id":913268,"date":"2025-03-12T07:42:04","date_gmt":"2025-03-12T02:12:04","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=913268"},"modified":"2025-03-12T07:48:06","modified_gmt":"2025-03-12T02:18:06","slug":"govt-may-restore-merchant-charges-on-upi-rupay-transactions-for-big-firms-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/03\/12\/govt-may-restore-merchant-charges-on-upi-rupay-transactions-for-big-firms-2\/","title":{"rendered":"Govt may restore merchant charges on UPI, RuPay transactions for big firms"},"content":{"rendered":"<p>The government is evaluating a proposal to bring back merchant charges on transactions conducted through Unified Payments Interface (UPI) and RuPay debit cards, according to a report by The Economic Times. <\/p>\n<p>These charges, known as the merchant discount rate (MDR) in the payments industry, are fees merchants pay to banks to process real-time transactions. Currently, no MDR is applied to UPI and RuPay debit card payments, which are facilitated through the National Payments Corporation of India (NPCI).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government is evaluating a proposal to bring back merchant charges on transactions conducted through Unified Payments Interface (UPI) and RuPay debit cards, according to a report by The Economic Times. These charges, known as the merchant discount rate (MDR) in the payments industry, are fees merchants pay to banks to process real-time transactions. Currently, no MDR is applied to UPI and RuPay debit card payments, which are facilitated through the National Payments Corporation of India (NPCI).<\/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":[9,34,4],"tags":[],"class_list":["post-913268","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/913268","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=913268"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/913268\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=913268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=913268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=913268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}