Payment companies weigh ways to recoup MDR losses - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Payment companies weigh ways to recoup MDR losses

These companies have urged the Centre to nudge banks to compensate “a minimum of 0.25% of the transaction amount for all the UPI and RuPay, Person to Merchant (P2M) transactions” for sustained service and ecosystem expansion in the absence of any clear revenue model.

from Industry-Economic Times
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