How will the proposed new UPI tiered pricing work? Will it impact consumers?, ET BFSI
How will the proposed new UPI tiered pricing work? Will it impact consumers? The government is considering a proposal to reintroduce merchant discount rate (MDR) charges on Unified Payments Interface (UPI) and RuPay debit card transactions for large merchants, as banks and payment service providers push for sustainable revenue models. Under the proposed tiered pricing … Read more
