Priyankar Koley

SDE Intern BentleySystems. Just a kid, trying not to be one! Learning new stuffs, and trying new things everyday.❤️

[Nithin Kamath @Nithin0dha]

I think MDR on UPI was probably inevitable at some point, especially given how widespread UPI adoption has become. It could also lead to more competition, instead of just three apps accounting for more than 95% of the market.

That being said, there are some use cases, like investing and broking, where the proposed MDR structure doesn’t really make sense.

The problem with broking is that there is no guarantee that money transferred to a broker will actually result in a transaction.

As brokers, we can’t force a customer to trade after transferring money. And if we can’t pass the UPI charge on to the customer, there is essentially no limit to the cost a customer can impose on a broker without generating any revenue.

Just as an example, 10,000 customers could each make 50 UPI transfers of ₹2 lakh in a month without executing a single trade. At the proposed MDR, this could potentially cost the broker around ₹2 crore, without generating any business.

What makes this even more challenging is quarterly settlement (QS). This is a SEBI regulation that requires brokers to send unused funds back to clients every month or quarter.
Most customers then transfer these funds back to their broking accounts, with more than half of these transfers happening through UPI. So regulation essentially forces this movement of money every month or quarter, and the broker could end up bearing the cost when the money comes back, without any incremental benefit or revenue.

By the way, we currently don’t charge brokerage on equity delivery trades because the economics allow us to offer them for free. But if every UPI transfer starts carrying an additional cost, irrespective of whether the customer actually trades, I don’t see how we can absorb this indefinitely.

I think having an MDR is okay. It still doesn’t solve the problem of customers transferring money without transacting, but something like 0.02% with a cap of ₹5 or ₹10 per transaction seems much more reasonable for broking, instead of a cap as high as ₹300.

[Priyansh Agarwal @Priyansh_31Dec]

My best days at work are those when I am not blocked on anybody and I have a huge pile of work that just needs to be done by me individually.

[Wes Bos @wesbos]

Y'all need to stop SLACKING on your photo upload UIs

If I upload a HEIC, AVIF or literally any format. JUST CONVERT IT IN THE BROWSER

It's the image is too large for you, RESIZE IT IN THE BROWSER

If I drag and image anywhere in your application HANDLE IT INSTEAD OF REFRESHING THE PAGE

We have the technology! Unacceptable

[Priyankar Koley @priyankarkoley]

@SamsungIndia #STOP

[Priyankar Koley @priyankarkoley]

@Koushik09701092 @IndiAnshul Is it illegal to watch a video to its end?

[Priyankar Koley @priyankarkoley]

@Hardik__777 @IndiAnshul Process bohot easy hai. Internet pe ek video pura dekhna aur bhi easy hai.
I received no OTP, and there is a popup saying “no records found”.

[Priyankar Koley @priyankarkoley]

@Hardik__777 @IndiAnshul Process bohot easy hai. Internet pe ek video pura dekhna aur bhi easy hai.
I received no OTP, and there is a popup saying “no records found”.

[Hitesh Choudhary @Hiteshdotcom]

Website thik h, server ki lagi pdi h.
Bootstrap se shadcn pe nhi jaana h, scale kro bhai 😒

[Priyankar Koley @priyankarkoley]

@sabeshbharathi @_groww Same goes to @HDFC_Bank.
Only the home tab is usable. Can’t access any banking features! 🙏🏼
@HDFCBank_Cares

[Priyankar Koley @priyankarkoley]

They must fix it soon. 😮‍💨😮‍💨
This is this looks very bad rn.
#wwdc

[Asher @asherdipps]

So no more progressive blur??

[Priyankar Koley @priyankarkoley]

@Hiteshdotcom Been visiting https://t.co/yJGlbNGLQr for the last 1-2 years.😁
Love the new look!❤️

[Priyankar Koley @priyankarkoley]

@Gadgetsdata To confuse your enemy, confuse yourself first.
(It worked)

[Holly - I like tech @AnxiousHolly]

best thing about YouTube premium

[Priyankar Koley @priyankarkoley]

**AppStore. Games.WelcomeBanner.SignedIn.Title**

Never seen such bugs in apple. Who shipped this!? Mann!🤲🏼

Fix it @Apple!

#apple #gamecenter #bug #ios26

[will defries @willdefries]

things ruining this app lately:

• turning one photo into four
• “vagueposting”
• articles that are just mediocre threads in disguise

[Priyankar Koley @priyankarkoley]

@immasiddx Meanwhile, I’m stuck with some other issue!

[Priyankar Koley @priyankarkoley]

@lingodotdev Just tried to sort my array [99995, 99996, 99997, 99998, 99999].
Thanks to you, it’s still sorting! Love it ❤️

[Brad Sams @bdsams]

Does anyone else know about this secret game on iOS?

[Priyankar Koley @priyankarkoley]

@beebomco My first purchase ever from play store. And totally worth it! ❤️