Dealers appeal to NPCI regarding the MDR framework while the state controls pump prices and dealer margins.
Steady: 0 in the last 7 days
Updated oct 13
The latest in this situation
- Industry associations, including CMAI and MP Petroleum Dealers Association, oppose UPI MDR implementation and warn of margin squeeze.
- NPCI has postponed the MDR implementation following stakeholder demands.
- Dealers appeal to NPCI regarding the MDR framework while the state controls pump prices and dealer margins.
How it started
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What happened
Dealers appeal to NPCI regarding the MDR framework while the state controls pump prices and dealer margins.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Industry associations, including CMAI and MP Petroleum Dealers Association, oppose UPI MDR implementation and warn of margin squeeze.Sub-event
NPCI has postponed the MDR implementation following stakeholder demands.1 source
Dealers appeal to NPCI over MDR framework; state controls pump prices and dealer margins.1 source
NPCI introduced a new rule requiring 0.4% MDR on UPI transactions.1 source
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The entities involved
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National Payments Corporation of India
NPCI payment system
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state
organised community living under a system of government; either a sovereign state, constituent state, or federated state