UPI MDR
Business
UPI MDR: 96% of Transactions Will Not Be Affected, Says Mohandas Pai
Former Infosys CFO Mohandas Pai says 96% of UPI transactions will remain unaffected by the new MDR, while revenue from eligible merchant payments can support payment infrastructure.
Business
UPI MDR From October 15: Who Will Pay, What Stays Free and Who Benefits?
UPI MDR explained: Charges will apply to specified merchant transactions above ₹2,000 from October 15, while P2P payments and most UPI transactions remain free.