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UPI MDR may return, but only some merchants will have to pay, Finance Ministry clarifies
The finance ministry said any future MDR on UPI will be nominal and limited to merchant transactions above a specified threshold, while consumers and most merchants will face no charges. The move aims to support UPIs long-term sustainability, security and infrastructure.
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6 prospettive sulla stessa storiaTimeline cronologica
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thehindubusinessline.com
Service charge on UPI transactions makes sense
The current zero-MDR regime puts pressure on govt finances and limits the ecosystem’s ability to invest in long-term infrastructure
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economictimes.indiatimes.com
UPI apps could chase big-ticket transactions as MDR return looms - The Economic Times
The UPI race has so far centred on acquiring consumers and monetising them by cross-selling loans, insurance and investments, as there has been no direct fee income on UPI…
