Tag: transaction charges
Posted in Economy
UPI to remain free for users; nominal MDR may apply to select merchant transactions
August 8, 2026 Leave a Comment on UPI to remain free for users; nominal MDR may apply to select merchant transactions
The government on Saturday said consumers making payments through UPI will not face any transaction charges, while any future merchant discount rate (MDR) will apply…
Posted in Economy
UPI payments to be charged? RBI Governor clarifies
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday clarified that no proposal has been placed before the central bank to impose charges on…

