Government clarifies UPI users will not be charged, says MDR may apply to select merchants
Finance Ministry said, “Consumers making payments will not face any transaction charges” and that “all Person-to-Person transactions will continue to be free of charge”
The government on Saturday clarified that UPI users will not face any transaction charges, while indicating that a Merchant Discount Rate (MDR), if introduced, would be restricted to a limited set of… [+3013 chars]