UPI MDR charges: Under the UPI MDR framework effective October 15, specified person-to-merchant transactions above Rs 2,000 ...
The central government is considering reviewing the merchant discount rate (MDR) on UPI transactions at petrol pumps, following concerns from fuel retailers.
The NPCI is unlikely to modify the reintroduced MDR charges on UPI transactions, emphasizing the need for investment in technology and security. Despite concerns over costs potentially affecting ...