Times of India

Will you have to pay to use UPI? 7 FAQs on possible MDR & what it means for consumers

Will you have to pay to use UPI? 7 FAQs on possible MDR & what it means for consumersWorldPing

The government is expected to permit a Merchant Discount Rate (MDR) of between 0.25% and 0.4% on UPI transactions above Rs 2,000 made to businesses, while person-to-person payments are likely to remain outside the scope of the proposed levy.

This is a short WorldPing brief. The full report was published by Times of India.

Read the full report at Times of India

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