Economy · India
UPI Merchant Discount Rate Rollout Postponed to January 2027
The implementation of the merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions has been postponed to January 2027. This decision comes after trade associations requested a deferral, citing concerns about the potential impact on festival season sales. The new fee structure was initially scheduled to begin on October 15.
How outlets across the spectrum covered it
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- Centre (3): Telangana Today, The Hindu BusinessLine, The Times of India