
IndiaUPI MDR implementation postponed to post-Diwali
The implementation of Merchant Discount Rate (MDR) on certain UPI transactions has been postponed until after Diwali to accommodate the festive season.
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UPI MDR implementation postponed to post-Diwali
First report 5h agoLast update 3h agoThe postponement of UPI MDR is seen as a relief for merchants during the festive season.
The UPI and Services Steering Committee decided to implement MDR on select P2M UPI transactions immediately after Diwali.
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