The central government is considering reintroducing a merchant discount rate on UPI transactions. This levy would apply only to large merchants with an annual turnover of Rs 1-1.5 crore. Smaller businesses and everyday payments will remain unaffected by this potential change.

The government is mulling restoring MDR on UPI transactions for large merchants. This and more in todays ETtech Morning Dispatch.

The central government is considering reintroducing a merchant discount rate on UPI transactions. This levy would apply only to large merchants with an annual turnover of Rs 1-1.5…