Government clarifies UPI users will not be charged, says MDR may apply to select merchants

· thehindubusinessline.com

Government confirms UPI users won't face transaction charges; any future MDR will only apply to select merchants above a threshold.

The government on Saturday clarified that UPI users will not face any transaction charges, while indicating that a Merchant Discount Rate (MDR), if introduced, ...


Read on WOBR AI → · More AI market news · StrategyVerse · Quant Research · WOBR.AI