UPI MDR rollout deferred beyond Diwali

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 13 Oct, 07:58 UTC

NPCI framework, announced on September 15, was scheduled to take effect on October 15. It prescribed a 0.4% fee on eligible bank account-funded merchant payments above Rs 2,000, capped at Rs 300 per transaction.

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Sources

• T1UPI MDR rollout deferred beyond DiwaliEconomic Times — Tech / Technology / Startups / ETTelecom13 Oct, 07:58