UPI MDR: Big Retail’s Quiet Cash Temptation
India's proposed 0.4% MDR on UPI payments above INR 2,000 at large merchants risks reversing six years of hard-won digital ...
Tag: UPI
The UPI Massacre: How Debit Cards Lost the Indian Merchant Wars
Discover how the explosive growth of UPI has triggered a massive decline in India’s debit card spends from 2016 to ...
The Great Plastic Pivot: Can Credit Cards Survive the UPI Onslaught in 2026?
As credit card circulation hits 120 million, we explore how rising delinquency rates and the structural dominance of UPI are ...