India · English
UPI MDR Charges Put On Hold Until After Diwali, NPCI Announces Big Decision Ahead Of Festive Season
Mumbai: The National Payments Corporation of India (NPCI) has decided to defer the implementation of Merchant Discount Rate (MDR) on select Unified Payments Interface (UPI) merchant transactions until after Diwali, providing temporary relief to merchants during the festive season. The decision was taken by the UPI and Services Steering Committee on Tuesday, October 13, considering the ongoing…
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