UPI Fee Row: PhonePe CEO Sameer Nigam On MDR, Small Businesses And Payment Competition | News18

PhonePe CEO discusses the growing debate around Merchant Discount Rate (MDR) on UPI transactions and what it could mean for India’s rapidly expanding digital payments ecosystem. The conversation focuses on the need for a sustainable revenue model while ensuring that UPI remains accessible for businesses and consumers. Explaining the MDR structure, the PhonePe CEO says MDR can be applied through two different phases — industry programmes and non-industry programmes. The distinction raises important questions about how payment companies, merchants and other stakeholders could be affected as India’s digital payments market evolves. #UPI #UPIMDR #MDR #PhonePe #PhonePeCEO #UPIPayments #DigitalPayments #DigitalIndia #IndiaPayments #PaymentEcosystem #UPIFees #MerchantDiscountRate #UPITransaction #UPICharges n18oc_breaking-news News18 Mobile App - https://onelink.to/desc-youtube