NPCI
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UPI MDR: ‘Not a single penny’ will go to govt; earnings to be shared among banks and other entities, says report | Today News
The new MDR is scheduled to come into effect from October 15 and will apply only to merchants accepting UPI payments exceeding ₹2,000.
LiveMint3 sources1 min read
UPI fee burden won't fall on consumers, govt plans to track merchants: Report
The NPCI, which operates the UPI platform, issued a circular on September 15 introducing MDR for certain UPI transactions to create a sustainable revenue framework for the digital payments ecosystem.
Hindustan Times1 source1 min read
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