Government may examine UPI MDR applicability on petrol pump payments: Sources

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 24 Sept, 14:28 UTC

The concerns of fuel retailers centre on the impact of MDR on an industry where margins are relatively low, those cited above said. The government’s decision to restore MDR on certain UPI transactions has prompted businesses to assess how the additional cost would affect their operations.

fintechindia

Sources

• T1Government may examine UPI MDR applicability on petrol pump payments: SourcesEconomic Times — Tech / Technology / Startups / ETTelecom24 Sept, 14:28