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UPI MDR could create Rs 27,000 crore revenue pool by FY28: Bernstein - The Economic Times
A 40-basis-point MDR on UPI transactions could create a large revenue pool. Issuing banks and UPI apps will receive substantial portions of this estimated revenue. Merchant-side payment apps and acquiring banks will also capture significant revenue shares. This levy aims to sustain UPI infrastructure and support its continued expansion. The charges remain well below card fees and exempt many smaller transactions.
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UPI MDR could unlock Rs 22,000 crore revenue pool by FY28: Bernstein - The Economic Times
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https://economictimes.indiatimes.com/tech/technology/ettech-explainer-who-pays-mdr-on-upi-and-who-does-not/articleshow/134284747.cmsUPI MDR notification likely to be out for businesses soon; banks may pocket bulk of 40 bps fee - The Economic Times
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https://economictimes.indiatimes.com/news/economy/policy/upi-to-introduce-fees-on-transactions-above-rs-2000-from-october-15-mdr-merchant-payment/articleshow/134265271.cmsUPI MDR could bring transaction value into payment apps’ market-share battle, industry executives say - The Economic Times
https://economictimes.indiatimes.com/tech/technology/upi-mdr-could-bring-transaction-value-into-payment-apps-market-share-battle-industry-executives-say/articleshow/134295534.cms