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MDR on UPI payments above Rs 2,000 will not be passed on to consumers: Govt sourcesGoodboy2009 / Wikimedia Commons
BUSINESSYourStory ยท 2 days agoLive

MDR on UPI payments above Rs 2,000 will not be passed on to consumers: Govt sources

Reported by YourStory, not nibnow. We are not the publisher of this story, only the source is.

FROM THE SOURCE

Effective October 15, a 0.4% merchant discount rate will be levied on merchants for UPI transactions over Rs 2,000. However, no charge will be levied on person-to-person transactions regardless of the amount.

Read the full story at YourStory