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From The Economic Times

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UPI MDR rollout deferred until after Diwali

UPI MDR rollout deferred until after Diwali

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UPI MDR charges on eligible merchant transactions above Rs 2,000 have been deferred until after Diwali, with the exact implementation date yet to be announced. The proposed 40-basis-point merchant discount rate will leave more than 95% of UPI merchant transactions by volume free. The pricing change…

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