Blog Posts Business Management

NASSCOM Fintech Policy Roundtable on MDR and Digital Payment Adoption | 17th January in Mumbai

Blog: NASSCOM Official Blog

Dear Members,

Over the last few days, major developments have taken place pertaining to the zero MDR announcement, such as:

  1. Businesses with turnover of more than ₹ 50 crore have to mandatorily provide facilities for accepting payments through electronic modes, such as, RuPay debit cards, UPI and UPI QR codes.
  2. Section 10A of the Payment, and Settlement Systems Act 2007 when read in conjunction with Section 269SU of the Income-tax Act, 1961, alludes that no bank or system provider shall impose any charge on a payer making payment, or a beneficiary receiving payment, through RuPay debit cards, UPI and UPI QR codes.
  3. The MDR reimbursement schemes by MeitY stands closed.

We are organizing a roundtable to understand the impact of these policy changes on different stakeholders. Based on the discussions at this roundtable, we will finalize our representation to the government on this issue.

Date : 17 January 2020 (Friday)

Time: 11 AM to 1 PM (followed by lunch)

Venue: MUMBAI (Andheri/BKC TBD)

Please RSVP here by 14th January (Tuesday) to confirm your attendance. Please feel free to contact in case of any further clarification.



The post NASSCOM Fintech Policy Roundtable on MDR and Digital Payment Adoption | 17th January in Mumbai appeared first on NASSCOM Community |The Official Community of Indian IT Industry.

Leave a Comment

Get the BPI Web Feed

Using the HTML code below, you can display this Business Process Incubator page content with the current filter and sorting inside your web site for FREE.

Copy/Paste this code in your website html code:

<iframe src="" frameborder="0" scrolling="auto" width="100%" height="700">

Customizing your BPI Web Feed

You can click on the Get the BPI Web Feed link on any of our page to create the best possible feed for your site. Here are a few tips to customize your BPI Web Feed.

Customizing the Content Filter
On any page, you can add filter criteria using the MORE FILTERS interface:

Customizing the Content Filter

Customizing the Content Sorting
Clicking on the sorting options will also change the way your BPI Web Feed will be ordered on your site:

Get the BPI Web Feed

Some integration examples