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UPI To Remain Free For Consumers, Merchants May Face Small Fee: Centre

NDTV India · Published 3h ago
GlobeVerge has tracked this story since 2h ago.
UPI To Remain Free For Consumers, Merchants May Face Small Fee: Centre

The government has opened the door to introducing a nominal Merchant Discount Rate (MDR) on a limited set of UPI merchant transactions above a certain threshold, while assuring that consumers and person-to-person payments will continue to remain free.

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Developments like this can have effects beyond the immediate story.

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Corroboration★☆☆☆☆Carried by one newsroom so far
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Why It Matters

Developments like this can have effects beyond the immediate story.

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