UPI MDR charges explained: What high-value transaction limit is govt considering?
· livemint.com
The government is considering MDR on select high-value UPI merchant transactions to make the digital payments ecosystem financially sustainable. The exact transaction threshold and MDR rate are yet to be finalised, while P2P payments may remain free.
The government is considering bringing back the Merchant Discount Rate (MDR) for a limited category of high-value UPI transactions as it looks for a sustainable...