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Finance & Markets

Zero-MDR gave banks no return on UPI merchant onboarding costs: Ex-DFS secretary M. Nagaraju

The reassessment of the zero-MDR model was driven by the rapid increase in UPI transaction volumes and the widening gap between the cost of running the ecosystem and the government's support, says M. Nagaraju, former DFS secretary.

Zero-MDR gave banks no return on UPI merchant onboarding costs: Ex-DFS secretary M. Nagaraju

We haven't written up this one. Live Mint has the full story — the link below goes straight to it.

Read the original at livemint.com →

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Taiwan Stock Market Poised To Open Under Water

(RTTNews) - The Taiwan stock market on Wednesday snapped the four-day losing streak in which it had dropped more than 1,650 points or 3 percent. The Taiwan Stock Exchange now sits just beneath the 45,850-point plateau although it may hand back those gains on Thursday.

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