Rediff.com IPO: New UPI MDR rules open an additional revenue stream for the company: Report
60-Word AI Digest
Rediff.com stands to benefit from the government's new Merchant Discount Rate (MDR) on select UPI transactions, potentially enhancing its revenue as it prepares for market listing. The MDR changes, effective from October 15, aim to charge large ticket merchants while keeping most payments free.
Key Takeaways
- Rediff.com stands to benefit from the government's new Merchant Discount Rate (MDR) on select UPI transactions, potentially enhancing its revenue as it prepares for market listing.
- The MDR changes, effective from October 15, aim to charge large ticket merchants while keeping most payments free.
- Full details and original dispatch available below.
Rediff.com stands to benefit from the government's new Merchant Discount Rate (MDR) on select UPI transactions, potentially enhancing its revenue as it prepares for market listing. The MDR changes, effective from October 15, aim to charge large ticket merchants while keeping most payments free.
Original Publisher Attribution
This summary was curated from Livemint.