India Notifies UPI Fee Framework, Sparking Political Clash
The Indian government has notified a framework allowing a Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, ending the long-standing zero-MDR policy for digital payments.
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The Indian government has notified a framework allowing a Merchant Discount Rate (MDR) on UPI transactions above Rs 2,000, ending the long-standing zero-MDR policy for digital payments.