Explainer -- India's UPI MDR shake-up: What changes and why it matters
The Economic Times has reported a new India-focused technology development: “Explainer -- India's UPI MDR shake-up: What changes and why it matters.” The publisher's feed describes the story as follows: India will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with merchants. Some small merchants and rural areas will be excluded from this new charge. This move aims to make the UPI system more self-sustainable and expand it
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