As per the new rules, Person-to-Merchant (P2M) UPI payments above ₹2,000 will attract a 0.4 per cent Merchant Discount Rate (MDR).
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September 15, 2026 at 2:57 PM
What is Merchant Discount Rate? Who will pay MDR fee of 0.4% on UPI payments above ₹2,000?
Hindustan Times India