6 stories
NPCI is considering postponing the proposed 0.4% MDR on UPI transactions above ₹2,000 amid merchant concerns over costs, transaction…
A LocalCircles survey says most merchants may pass on the new UPI MDR, while 76% of users could shift to cash, cards or bank transfers for…
A LocalCircles survey suggests most users could move away from UPI for larger purchases if merchants pass on the new MDR, even though the…
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…
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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