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Parliamentary panel has recommended the re-introduction of the same, citing the need for a stable revenue mode for fintech companies facilitating the services
The Standing Committee on Finance said that the current zero-MDR regime puts pressure on government finances as well as limiting the ability of the ecosystem to invest in long-term infrastructure
MDR is a fee paid by merchants to banks and payment service providers for processing digital transactions
Amid debate…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Parliamentary panel has recommended the re-introduction of the same, citing the need for a stable revenue mode for fintech companies facilitating the services
The Standing Committee on Finance said that the current zero-MDR regime puts pressure on government finances as well as limiting the ability of the ecosystem to invest in long-term infrastructure
MDR is a fee paid by merchants to banks and payment service providers for processing digital transactions
Amid debate…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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