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From The Tribune

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NPCI defers MDR on select UPI merchant transactions post Diwali

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The UPI and Services Steering Committee has decided to defer Merchant Discount Rate (MDR) on select Person-to-Merchant (P2M) UPI transactions after Diwali, with the exact date to be announced separately, the National Payments Corporation of India (NPCI) said in an official statement on Tuesday.

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