Times of India

UPI still free, but there's a catch: Who ultimately pays & could cash make a comeback?

UPI still free, but there's a catch: Who ultimately pays & could cash make a comeback?WorldPing

Recent updates to UPI regulations have introduced a Merchant Discount Rate for certain transactions. While consumers will not incur any fees for their UPI payments, merchants will face a 0.4% charge on transactions above two thousand rupees.

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