Government May Permit MDR on UPI Payments Above ₹2,000

Government May Permit MDR on UPI Payments Above ₹2,000
The central government is considering allowing banks and payment service providers to levy a Merchant Discount Rate (MDR) of 0.25% to 0.4% on UPI payments exceeding ₹2,000 made to businesses. Person-to-person (P2P) UPI transfers are expected to remain exempt. The...
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Anew Climate joins SEA-LNG

Anew Climate joins SEA-LNG
Anew Climate, a global leader in low-carbon fuels and climate solutions, has joined the SEA-LNG coalition. Anew’s support will boost SEA-LNG’s work to reduce emissions across the global shipping industry by promoting the adoption of the methane decarbonisation...
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