NEW DELHI, SEP 15 : Ending nearly six years of zero-fee UPI merchant payments, the government on Tuesday introduced a 0.4 per cent Merchant Discount Rate (MDR) on person-to-merchant (P2M) UPI transactions above Rs 2,000, with the new framework coming into effect from October 15. The government, however, has ring-fenced person-to-person payments and low-value merchant […]Continue Reading
