Decoding MDR’s impact; EV bikes’ policy change sparks debate
Happy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETtech Morning Dispatch.
Happy Thursday! The return of Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) merchant payments is set to change the market share game in UPI. Industry executives say this move could shift the focus from transaction volume to transaction value. Smaller apps may shift towards higher ticket, fee-generating payments through commerce and credit offerings rather than competing with the scale of PhonePe and Google Pay.
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