A new Merchant Discount Rate (MDR) structure is set to apply to certain high-value UPI transactions.
Key Points:
• Above ₹2,000: 0.4% MDR for eligible mid-to-large merchants.
• Exempt: Small merchants, P2P transactions and merchant payments up to ₹2,000.
• Special sectors: Railways, Telecom, Insurance, Fuel & Agriculture — ₹5 flat MDR above ₹2,000.
• Customer protection: MDR should not be passed on to customers.
• Maximum cap: MDR capped at ₹300 per transaction for transactions of ₹75,000 or more.
The concern:
Even if merchants cannot explicitly charge MDR, they may potentially:
→ Increase product/service prices
→ Discourage UPI payments for high-value purchases
→ Push customers towards cash
→ Cite technical issues or “UPI not working”
→ Prefer cash transactions, potentially increasing the risk of under-reporting and informal payments
This could create a policy paradox: a measure intended to make the UPI ecosystem financially sustainable could, if poorly implemented, create incentives that weaken digital-payment adoption and financial transparency.
@upscsutra (views are personal 🧐)
Key Points:
• Above ₹2,000: 0.4% MDR for eligible mid-to-large merchants.
• Exempt: Small merchants, P2P transactions and merchant payments up to ₹2,000.
• Special sectors: Railways, Telecom, Insurance, Fuel & Agriculture — ₹5 flat MDR above ₹2,000.
• Customer protection: MDR should not be passed on to customers.
• Maximum cap: MDR capped at ₹300 per transaction for transactions of ₹75,000 or more.
The concern:
Even if merchants cannot explicitly charge MDR, they may potentially:
→ Increase product/service prices
→ Discourage UPI payments for high-value purchases
→ Push customers towards cash
→ Cite technical issues or “UPI not working”
→ Prefer cash transactions, potentially increasing the risk of under-reporting and informal payments
This could create a policy paradox: a measure intended to make the UPI ecosystem financially sustainable could, if poorly implemented, create incentives that weaken digital-payment adoption and financial transparency.
@upscsutra (views are personal 🧐)
💯2
PIB PRISM a detailed government document must go through it rather than random coaching CA magazine
https://static.pib.gov.in/WriteReadData/specificdocs/documents/2026/aug/doc2026821965801.pdf
@upscsutra
https://static.pib.gov.in/WriteReadData/specificdocs/documents/2026/aug/doc2026821965801.pdf
@upscsutra
❤4
🇮🇳 *Asian Games 2026 | Opening Ceremony*
🏟️ *India’s Contingent at the Athletes’ Parade!*
✨ Double Olympic medallist *Manu Bhaker* and kabaddi star *Pawan Sehrawat* led the Indian contingent at the Opening Ceremony of the 20th Asian Games in *Aichi-Nagoya, Japan* .
🔥 A proud moment for Team India as the nation begins its Asian Games campaign!
#AsianGames2026
@pcssutra
🏟️ *India’s Contingent at the Athletes’ Parade!*
✨ Double Olympic medallist *Manu Bhaker* and kabaddi star *Pawan Sehrawat* led the Indian contingent at the Opening Ceremony of the 20th Asian Games in *Aichi-Nagoya, Japan* .
🔥 A proud moment for Team India as the nation begins its Asian Games campaign!
#AsianGames2026
@pcssutra
🔥1
Ann_Sch_Int_Rollwise_HCS_21_09_2026 (1).pdf
1.2 MB
HPSC HCS Interview Schedule 2026 OUT
@pcssutra
@pcssutra
Open_PDF.pdf
2.8 MB
🔰उत्तर प्रदेश लोक सेवा आयोग, प्रयागराज
👉विज्ञापन संख्या A-1/E-1/2025
👉सम्मिलित राज्य/प्रवर अधीनस्थ सेवा (PCS) परीक्षा-2025
👉पदों का विवरण जारी
◾आयोग की ओर से PCS परीक्षा-2025 के अंतर्गत शामिल पदों का विवरण जारी किया गया है।✔️✔️
━━━━━━━━━━━━━
👉विज्ञापन संख्या A-1/E-1/2025
👉सम्मिलित राज्य/प्रवर अधीनस्थ सेवा (PCS) परीक्षा-2025
👉पदों का विवरण जारी
◾आयोग की ओर से PCS परीक्षा-2025 के अंतर्गत शामिल पदों का विवरण जारी किया गया है।✔️✔️
━━━━━━━━━━━━━
For DSP MEDICAL - X-ray Chest, ECG, Urine tests, Blood Pressure, Blood reports, Eye Test(6/6 using spects or without spects )
Note: Color blindness people not eligible for DSP
Aur height aur chest requirement interview notice me mention hogi.
Note: Color blindness people not eligible for DSP
Aur height aur chest requirement interview notice me mention hogi.