UPI merchant fee set to return after seven years
The government has proposed an amendment to the Payment and Settlement Systems Act, 2007, to allow a merchant discount rate (MDR) on UPI transactions, ending a blanket ban imposed in 2019. Finance…
The government has proposed an amendment to the Payment and Settlement Systems Act, 2007, to allow a merchant discount rate (MDR) on UPI transactions, ending a blanket ban imposed in 2019. Finance…