Business
New UPI Charges From October 15: 0.4% MDR on Payments Above Rs 2,000
New UPI MDR rules from October 15 will charge merchants 0.4% on direct payments above Rs 2,000, while consumers and person-to-person transfers remain free.
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The government has barred banks and payment providers from charging for UPI payments up to Rs 2,000 and RuPay debit card transactions.
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