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UPI Transactions To Be Charged Soon: MDR Rules Set To Be Changed

UPI Transactions To Be Charged Soon: MDR Rules Set To Be Changed
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New Bill Opens The Door For Merchant Charges On UPI The Central Government has taken the first legislative step towards reintroducing the Merchant Discount Rate (MDR) on UPI transactions by proposing amendments to the Payment and Settlement Systems Act. The proposed changes would repeal the earlier legal provision that enforced a zero-MDR regime for UPI […]

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