Will UPI MDR add extra cost to your monthly SIPs? Plan type and investment mode matter, say experts
· livemint.com
Mutual fund investors could face additional costs if UPI MDR is introduced on such transactions under the new framework. The impact may vary depending on the investment plan, payment mode, transaction size and who ultimately bears the cost.
Merchant Discount Rate (MDR) is a fee charged for processing certain digital payment transactions. It is paid by the merchant rather than directly by the consum...