Tag: upi mdr

Under the proposed framework, the Centre plans a 0.4% MDR on UPI payments of over  ₹2000 made to merchants. (Representative image)
Posted in Business

Supreme Court questions Centre, calls for ‘facts’ over MDR for UPI transactions over ₹2,000

The Supreme Court on Monday sought the response of the Centre on a petition challenging the government’s decision to introduce a Merchant Discount Rate (MDR)…

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