The government has clarified that UPI will continue to remain free for consumers and no transaction charges will be applicable to person-to-person payments. The government has also said that if an MDR is introduced in the future it will only be applicable to a limited category of merchant transactions.
The government has clarified that UPI will continue to remain free for consumers and no transaction charges will be applicable to person-to-person payments. The government has also said that if an MDR is introduced in the future it will only be applicable to a limited category of merchant transactions.
<iframe src="https://hindustansphere.com/embed/cluster/34ad1406916879ac637b3ec3d95e4e77eb3e263a" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="What is MDR that is being proposed for UPI transactions, who pays the final cost? Explained"></iframe>
