company · 3 records
Pine Labs
Mastercard Asia-Pacific to sell Pine Labs stake for Rs 890 crore
Mastercard Asia-Pacific plans to sell its stake in Pine Labs through a block deal at a discount.
1 outlet Markets read
Supreme Court Petition Challenges New MDR Charges on UPI Transactions
A public interest litigation has been filed in the Supreme Court challenging the Indian government's notification imposing a 0.4% Merchant Discount Rate (MDR) on UPI merchant payments exceeding ₹2,000.
2 outlets · 3 languages Markets read
Finance Ministry proposes reinstating merchant discount rates for UPI transactions
The Indian Finance Ministry has proposed amendments to the Payment and Settlement Systems Act to reinstate merchant discount rates on UPI transactions for sustainable funding.
1 outlet Markets read