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Unsure Motown is putting spending plans worth $3 bn on hold

Suzuki has deferred its $550mn plant in Gujarat; Honda & Suzuki Moto have also pushed back production plans.

mdr

Nov 12, 2019, 11.47 AM IST

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NPCI slashes MDR for debit cards

As per the latest notification, MDR has been revised to 0.60% for transaction above Rs. 2,000 with a maximum cap of Rs 150 per transaction. Presently, this is capped at 0.90% for transaction above Rs. 2,000 with higher cap of Rs 1,000 per transaction.

MDR boost for merchants using UPI

This move is expected to encourage small grocery stores, chemists and kirana stores across the country to s...

Payment companies seek better MDR deal

Volume of transactions on mobile wallets down to 334 million in June against 393 million in December, ...

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