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From The Times of India

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MDR on UPI transactions over Rs 2,000 deferred; to come into effect post Diwali

MDR on UPI transactions over Rs 2,000 deferred; to come into effect post Diwali

RSS excerpt

The government has announced a delay in implementing the Merchant Discount Rate for Unified Payments Interface transactions, pushing back the launch initially scheduled for October 15 to after Diwali. This postponement aims to avoid potential payment disruptions amid the festive shopping surge…

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