Dharmender Jhamb
IndiabusinessMale6.0Global Dominance: 0.00%Dharmender Jhamb is a Partner and Fintech Industry Leader at Grant Thornton Bharat, where he provides insights on the evolving landscape of financial technology in India. Recently, he discussed the implications of the new Merchant Discount Rate (MDR) on UPI transactions, highlighting its potential impact on consumers and merchants.
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According to Dharmender Jhamb, Partner and Fintech Industry Leader, Grant Thornton Bharat, the introduction of a 0.4% MDR on UPI merchant transactions above Rs 2,000 is unlikely to have a significant direct impact on consumers.
UPI still free, but there's a catch: How new MDR works & could cash payments make a comeback?The Times of India·India· 2026-09-16
India· 2026-09-16
