The RBI said the move would help UPI “continue to scale, innovate and serve consumers.” NEW…
Tag: P2M transactions
MDR on UPI notified: NPCI says 0.4% fee applicable on person-to-merchant transactions above Rs 2,000 effective October 15, 2026
The National Payments Corporation of India (NPCI) has notified a Merchant Discount Rate (MDR) of 0.4%…