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Government may charge big businesses on UPI payments above ₹2,000
The government is considering a sub-0.5% merchant discount rate (MDR) for UPI payments exceeding Rs 2,000, targeting large merchants to streamline digital transaction costs.
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economictimes.indiatimes.com
Exclusive: Govt may bring back UPI merchant fee for big businesses - The Economic Times
India may reintroduce merchant discount rates for large businesses on UPI transactions. This move aims to address the financial sustainability of digital payment providers. Small…
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m.economictimes.com
MDR on UPI on the cards; Emergent enters unicorn club
The government is mulling restoring MDR on UPI transactions for large merchants. This and more in todays ETtech Morning Dispatch.
