SEARCHED FOR:MERCHANT DISCOUNT RATE
Old school equity research gets makeover
Dalal Street analyst alters his methods to deal with creative accounting and tap-on, tap-off markets
MDR waiver will hit digital payments ecosystem, says NPCI CEO
The NPCI is currently discussing the possibility of bringing back MDR with the ...
Which sectors will benefit from global economic recovery? Manish Gunwani explains
‘The emerging market currencies seem to be stabilising’
Reserve Bank sets up a Rs.500 crore digital payments infra fund
The central bank has made an initial seed contribution of Rs.250 crore to the PIFD with the other half of the fund expected to be contributed by all card issuing banks and network operators. Fund primarily to be used for development of digital payment infra in rural and north east districts of the country
Low transaction charges don’t promote digital payments: Mastercard CEO Ajay Banga
“Wherever in the world MDR has been reduced to the levels where it makes it uneconomical for the acquirer or issuer to participate in the natural business of electronic payments, you tend to lose the momentum. It’s a balancing act,” he said in a telephonic interview.
Digital payment gains should be used to acquire merchants, says Nirmala Sitharaman
The prebudget meeting on Friday was necessitated after the government waived off MDR for merchants on digital payments made through RuPay debit cards and Unified Payments Interface (UPI) devices from January 2020.
Banks approve reduced fees for UPI, RuPay
After a letter from the Indian Banks’ Association (IBA) on removing entire fees on these transactions, which would have meant significant revenue loss for its owner National Payments Corporation of India (NPCI), the two parties have reached an understanding for now.
RBI panel pitches for incentives to promote usage of QR code transactions
With a view to promote less cash economy, the government should provide incentives to popularise usage of QR (Quick Response) code transactions among consumers, a report of the Reserve Bank of India (RBI) said on Wednesday.
No charges on digital payments made to large biz establishments from Nov 1
FM Nirmala Sitharaman had said business establishments with annual turnover of more than 50 crore should offer low cost digital modes of payment to their customers and the RBI and banks should absorb cost of transactions.
Virus boosts digital payments in India where cash ban failed
The Reserve Bank of India last year said it aimed to increase digital transactions to about 15% of gross domestic product by 2021, from nearly 10% at the time. The government is aiming for a billion digital transactions per day as the world’s fastest-growing smartphone market empowers consumers to transact at the click of a button.
VISA criticizes government's zero Merchant Discount Rates move
Payments companies and banks that ET has spoken with said that no clarification has been issued by the centre yet on the implementation of the move since the announcement in July.
MDR boost for merchants using UPI
This move is expected to encourage small grocery stores, chemists and kirana stores across the country to set up basic acceptance infrastructure such as QR code to receive payments made through UPI.
D-Street veteran who bled for trusting dodgy companies says market shifting to future-ready hands
According to Shah, investing is an art of differentiating voice from the noise.
Your company's true worth: How to value your business
Learn about the proven and widely accepted business valuation methods that help provide a good starting point for estimating value.
7 high alpha generating stocks to invest in
The CAPM expected return is used as an input in most discounted valuation models that are used to estimate the fair value of a stock.