UPI MDR explained: Who pays the merchant charge and how it affects customers
A customer haggles a ₹10,000 item down to ₹9,500. The merchant agrees. The payment goes through UPI, and on the ...
Tag: Digital Payments
UPI charges explained: 0.4% MDR on payments above ₹2,000, ₹300 cap and exemptions
From October 15, UPI will no longer be entirely free for every merchant payment. The National Payments Corporation of India ...
UPI charges explained: Why customers won’t pay even if MDR is introduced
NEW DELHI : Finance Minister Nirmala Sitharaman has clarified that customers will not have to pay if a Merchant Discount ...
Why UPI merchant charges are back in discussion after six years of zero MDR
The possibility of charges returning on some UPI payments has triggered widespread discussion after the Union government introduced amendments to ...
POPULAR NEWS
