Tag: transaction charges

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Posted in Economy

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…

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ET logo
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…

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