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UPI fee on merchant transactions above Rs 2,000 to kick in after Diwali, says government

UPI fee on merchant transactions above Rs 2,000 to kick in after Diwali, says government

RSS excerpt

The National Payments Corporation of India (NPCI) has announced that it will implement a Merchant Discount Rate (MDR) on select Person-to-Merchant (P2M) UPI transactions after Diwali. "UPI and Services Steering Committee today decided that, keeping in mind the festive season, MDR on select…

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