Tag: UPI MDR

What Is UPI MDR? Who Pays The Charge, and Does It Affect Customers?

News Afia -
UPI remains free for ordinary person-to-person transfers, but India’s zero-MDR era for every merchant payment is ending. From 15...

UPI Payments Above ₹2,000 Could Attract Merchant Fees: Is India’s Free-Payment Era Changing?

Business Afia -
India may allow merchant charges on selected high-value UPI payments, but no fee has been introduced yet. Here’s what the proposed MDR model could mean for merchants and users.