NPCI to Implement MDR Charges on Select UPI Payments After Diwali
Audio narration · Coming soon
The National Payments Corporation of India (NPCI) has announced that Merchant Discount Rate (MDR) charges on select person-to-merchant (P2M) UPI payments will be implemented after the Diwali festival. The exact date for the implementation will be communicated through a separate notification. This decision marks a significant change in the UPI payment ecosystem.
Why this matters
PRISM scored this story 55/100 for interest.
Originally published by gnews