Government mulls restoring MDR on UPI for large merchants; Emergent achieves unicorn status

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16 July 2026 at 3:25 pm

Government mulls restoring MDR on UPI for large merchants; Emergent achieves unicorn status

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Summary

The government is considering reinstating Merchant Discount Rate (MDR) on UPI transactions for large merchants, according to today's ETtech Morning Dispatch. Additionally, Emergent has reportedly joined the unicorn club.

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