What is MDR that is being proposed for UPI transactions, who pays the final cost? Explained

Aug 11, 2026 - 20:30
What is MDR that is being proposed for UPI transactions, who pays the final cost? Explained

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The government has clarified that UPI will continue to remain free for consumers and no transaction charges will be applicable to person-to-person payments. The government has also said that if an MDR is introduced in the future it will only be applicable to a limited category of merchant transactions.

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