UPI’s new MDR pot: 5% of collections to be used for bringing small merchants online
The Economic Times has reported a new India-focused technology development: “UPI’s new MDR pot: 5% of collections to be used for bringing small merchants online.” The publisher's feed describes the story as follows: NPCI will introduce a dedicated fund from MDR proceeds for small merchants. This fund aims to expand digital payment infrastructure in smaller Indian cities. Eligible small merchants receiving under Rs 1 lakh monthly will remain exempt. The new framework supports UPI's long-term sus
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