UPI is a public good, but its infrastructure isn’t free. The current MDR model pressures small merchants, leading many to resist digital payments.
It’s time to rethink the model.
#UPI#DigitalIndia#Fintech#MDR#SmallBusiness#Payments
@nsitharaman@PMOIndia@FinMinIndia@NPCI_NPCI@aajtak@ndtv Instead of taxing businesses, let’s apply a ‘Convenience Fee’ at the consumer end for large transactions
📉 Current MDR: Merchant is stressed, prefers cash, or raises prices. Customer choice is limited.
📈 Proposed Model: Merchant accepts happily. Small payments stay free.
@nsitharaman@PMOIndia@FinMinIndia@NPCI_NPCI@aajtak@ndtv Customer pays for hassle-free convenience on big transfers.
This makes the digital ecosystem healthy and profitable for everyone involved. What are your thoughts? 🇮🇳💳
@jietang Was using Opencode with Glm 5.5 , today moved to Zcode , really was mad at myself why i had not switched earlier ... Limits with 0.67 coefficient are insane . Also Vision mcp server works Flawlessly.
I don't know why but Model seems more intelligent suddenly. Really well built 😇
@getpeid@nothingindia , request you to confirm if nothing phone 3 would be launching in june/July , waiting from months for it , nowadays leaks are coming that it will launch in September. Please just confirm that it will launch till July
@nitin_gadkari@ICICIBank for vehicle no MH40AR2867 amount was deducted 14 times at a plaza , date - 9/3/24 , Bakori Plaza . Now I think using cash was only good . I have done complaint on both nhai helpline and ICICI helpline but no resolution was done.
@nhai@ICICIBank for my vehicle no MH40AR2867 till was deducted 14 times at a plaza , I had already complaint multiple times but no resolution was done , date - 9/3/24 , Bakori Plaza . Please resolve this and provide refund .
@Paytm@Paytmcare@PaytmBusiness@vijayshekhar From 13th Feb , I am not recieving email alerts on my email id for payments recieved from customers , I had called the service team twice and mailed them also twice , still every time they close the ticket without resolving
All my setting are correct , your service team is not able to understand that this is a technical issue and not a configuration issue , every time they just ask me to check the setting but problem is not getting solved , this is affecting my business very much @vijayshekhar