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MDR On UPI Payments Likely To Force Street Vendors To Switch To Cash, Says ISB Survey

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EXECUTIVE SUMMARY

Under the proposal announced in September, a 0.4 per cent charge would apply to UPI transactions exceeding Rs 2,000.

Key Takeaways

  • MDR On UPI Payments Likely To Force Street Vendors To Switch To Cash, Says ISB Survey.
  • Under the proposal announced in September, a 0.4 per cent charge would apply to UPI transactions exceeding Rs 2,000.
  • Under the proposal announced in September, a 0.4 per cent charge would apply to UPI transactions exceeding Rs 2,000.

Under the proposal announced in September, a 0.4 per cent charge would apply to UPI transactions exceeding Rs 2,000.

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Published originally on Deccan Chronicle

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