Tag Archives: petrol pump UPI flat fee

UPI Charges Here to Stay: Centre Rules Out Rollback of 0.4% MDR on Payments Above Rs 2,000

The Central government has firmly ruled out any reconsiderations or rollbacks of its notified 0.4% Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) merchant transactions above Rs 2,000. Dismissing pushback from trade bodies and opposition factions, senior officials stated that the structural policy decision is final and will proceed …

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