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notifications stating that UPI payments to merchants valued above Rs 2,000 would attract a merchant discount rate of 0.4%

Every story that involves notifications stating that UPI payments to merchants valued above Rs 2,000 would attract a merchant discount rate of 0.4%, ranked by how well its sources corroborate it.

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SC refuses to stay fee on UPI payments above Rs 2,000

Additional Solicitor General N Venkataraman, appearing for the Union government, submitted before the court that 96% of transactions would not attract the charge, Live Law reported.

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