AGP Executive Report
Last update: 11 hours agoUPI MDR Shock in India: India’s NPCI will start charging a 0.4% Merchant Discount Rate on select UPI person-to-merchant payments above ₹2,000 from Oct 15, capped at ₹300, while keeping person-to-person transfers and payments up to ₹2,000 free; small merchants under the zero-MDR rules are largely protected, but retailers warn it could push some back to cash. Legal Pushback: A public interest petition has been filed in India’s Supreme Court challenging the MDR framework, arguing it lacks safeguards and transparency. SME Green Transition in ASEAN: A Manila forum backed by ESCAP and Temasek Foundation is coaching SMEs to meet sustainability demands from larger buyers, focusing on greener supply chains and practical support. MSME Credit Boost (India): UGRO Capital raised ₹380 crore from FMO to close India’s MSME credit gap, targeting women, youth and rural businesses plus eligible green projects. Kenya Insurer Eyes SMEs: SanlamAllianz General Insurance (Kenya) reported 21% profit-before-tax growth in 2025, citing integration benefits and a renewed push into the SME segment. UK Cash-Flow Strain: Research says 89% of UK firms faced payment delays, with longer terms hitting micro and small businesses hardest.
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