RBI Governor Clarifies No Decision on Merchant Discount Rate for UPI Payments Yet

Create image post
Government

6 August 2026 at 6:01 pm

RBI Governor Clarifies No Decision on Merchant Discount Rate for UPI Payments Yet

HyperFast News

Summary

The RBI Governor stated that it is premature to decide on whether UPI transactions will incur a Merchant Discount Rate (MDR), despite the ongoing debate sparked by the proposed Payment and Settlement Systems (Amendment) Bill.

Related & trending news

Select what you want to create

Turn this story into an image post, carousel, video, audio reel, blog, and more — all from HyperFast News.

Image Post

Pick a story, apply your brand template, and publish polished graphics to Facebook, Instagram, LinkedIn, and more — without opening a design tool.

Create Image Post

Prompt to Post

Describe the story, headline, colors, and style you want.

Try Prompt to Post

Audio Post

Combine branded news graphics with narration — from your audio library, a live recording, or AI text-to-speech — and share as engaging short-form content.

Create Audio Post

Video Post

Upload your footage, apply a video template with baked-in headlines, add optional audio, and schedule posts across every connected social channel.

Create Video Post

Multi-News Carousel

Combine several news items into a single swipeable carousel post — with a shared title, unified caption, and per-slide template content for maximum engagement.

Create Carousel

Upload and Schedule

Upload your media, craft the perfect caption with AI assistance, preview on every platform, and schedule posts for the exact moment your audience is online.

Schedule a Post

Blog Post

Transform breaking news into long-form, SEO-optimized blog posts with AI writing, a rich text editor, featured images, and one-click social image post creation.

Create Blog Post
Coming soon

AI Anchor Video

Turn any news article into a professional anchor video with AI-generated presenters, natural voice narration, and lip-sync animation — no studio, no crew, no wait.

Learn more
FAQ

Newsroom FAQs

About the public HyperFast News news feed powered by NewsEngine.