#merchant-fees
75% of merchants insulated from UPI MDR, says NPCI CEO Dilip Asbe
Asbe explained that about 80 per cent of the total MDR value collected will come from businesses that record more than ₹1,000 crore in annual gross merchandise value (GMV)
‘May have to go back to cash’: Traders on UPI MDR
Delhi traders warn they may revert to cash after govt imposes 0.4% MDR on UPI payments above Rs 2,000; small merchants get exemption, MDR can’t be passed on.
RAI warns UPI merchant fee could push small retailers back towards cash
Industry body says the charge could drive small merchants back to cash, weaken formalisation and undermine digital payment adoption during the festive season across India.