TechInc42about 2 hours ago
UPI MDR Returns for High-Value Payments
9 min read
From October 15, a 0.4% merchant discount rate applies to person-to-merchant UPI transactions above ₹2,000, capped at ₹300 for payments of ₹75,000 and above. Merchants warn the fee will squeeze margins, with some threatening to stop accepting UPI.
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