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Free to fee: 0.4% on UPI payments over Rs 2,000

💸 Say Goodbye To Free UPI?

Published by OOPSONLINE.IN · Source: Times of India · 1 min read · · Updated

🔥 OOPS SAYS

And just like that, the golden era of free digital payments gets a little more complicated. Get ready for everyone to start making multiple Rs 1,999 transfers just to keep the dream alive.

What actually happened

India Business News: NEW DELHI: National Payments Corporation of India on Tuesday announced a 0.4% merchant discount rate (MDR) on UPI transactions above Rs 2,000, with an.

Key points

  • India Business News: NEW DELHI: National Payments Corporation of India on Tuesday announced a 0.
  • 4% merchant discount rate (MDR) on UPI transactions above Rs 2,000, with an.

Summary based on data provided by Times of India. Full article available at the original publisher.

  • #business
  • #free
  • #payments
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