UPI Transactions above ₹2,000 May Face MDR
Union Finance Minister Nirmala Sitharaman has clarified the confusion over possible Merchant Discount Rate (MDR) charges on UPI payments. She said that any MDR introduced on UPI transactions would apply to merchants, not ordinary customers. The clarification came after Congress leader Jairam Ramesh raised concerns that UPI users could end up paying more for digital … Read more