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UPI vs cards: Why merchants pay MDR on cards but not on UPI payments

UPI payments are free for merchants, while card transactions carry MDR. Here's why the two digital payment systems have different costs and how a possible UPI charge could work

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Business StandardCenter·2h ago
UPI vs cards: Why merchants pay MDR on cards but not on UPI payments
UPI payments are free for merchants, while card transactions carry MDR. Here's why the two digital payment systems have different costs and how a possible UPI charge could work
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UPI vs cards: Why merchants pay MDR on cards but not on UPI payments

How 1 sources are covering this

UPI vs cards: Why merchants pay MDR on cards but not on UPI payments

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