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Over 96 pc UPI transactions, small traders exempt from MDR: NPCI

National Payments Corporation of India (NPCI) on Tuesday refuted reports in some sections of the media that have alleged that GST on UPI Merchant Discount Rate (MDR) will burden small merchants and make digital payments costly.

Telangana Today1 source1 min readFiled September 22, 2026

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    Over 96 pc UPI transactions, small traders exempt from MDR: NPCI

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