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Search results for 'MDR'

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New UPI Rules Explained: What It Means For You ? India

New UPI Rules Explained: What It Means For You ?

UPI payments above Rs.2,000 made to businesses will attract a 0.4% MDR from 15 October 2026, while customer-to-customer and person-to-person payments will remain free.

UPI: How Did It Become a Huge Success? India

UPI: How Did It Become a Huge Success?

How UPI went from a new digital payment system in 2016 to India’s everyday way of paying, and why new MDR charges could change how merchants accept UPI.