Ranadurjay Talukdar

“Non-RuPay debit is capped at 0.40% (max 200) for transactions in small merchants with less than Rs 20 lakh in annual turnover and 0.90% (max 1000) for large merchants with turnover above 20 lakhs.”

“UPI has scaled to 2,366 crore transactions worth Rs 29.9 lakh crore in July 2026 alone”

“On credit cards, MDR is unregulated and can run up to about 3% of the transaction value”