96% UPI Transactions Will Not Be Affected: What Mohandas Pai’s Statement Means for Users and Merchants
India’s Unified Payments Interface (UPI) ecosystem is set for an important change as the country introduces a new Merchant Discount Rate (MDR) ...
Tag: UPI MDR
Government Introduces 0.4% MDR on UPI Merchant Payments Above ₹2,000
The government has introduced a new Merchant Discount Rate (MDR) framework for selected Unified Payments Interface (UPI) merchant transactions, bringing ...
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