importantSYS.SOURCE: BBC• 2026-08-17T19:25:11Z

India Considers Merchant Fees for UPI Transactions Amid Sustainability Debates

#digital payments #merchant fees #financial policy #upi #payment systems

India proposes introducing merchant discount rates (MDR) of 0.3-0.5% on large UPI transactions to ensure financial sustainability, while keeping consumer payments free. The policy aims to balance system growth with merchant incentives, particularly for small businesses in developing regions.

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