#merchant-discount-rate
UPI MDR Charges: Start date, slabs and why is this Merchant Discount Rate being introduced now? All questions answered
The Centre will soon implement Merchant Discount Rate (MDR) fees on specific UPI transactions. Today we answer what the UPI MDR charge means, the start date, slabs, and why this is being introduced now…
Merchant fee on UPI payments leaves traders counting costs in Hyderabad
Traders in Hyderabad are worried about the new 0.4% Merchant Discount Rate. This charge applies to specified UPI person-to-merchant transactions exceeding two thousand rupees. The additional cost could significantly impact businesses operating with thin profi…