💰 UPI Transactions To Remain Free, Merchants May Face
Published by OOPSONLINE.IN · Source: Times Now · 1 min read · · Updated
What actually happened
The government reaffirmed that consumers and small merchants will retain free UPI services, despite recent amendments to the Payment and Settlement Systems Act, 2007. While a nominal Merchant Discount Rate may be applied to certain merchant transactions., Business, Times Now
Key points
- The government reaffirmed that consumers and small merchants will retain free UPI services, despite recent amendments to the Payment and Settlement Systems Act, 2007.
- While a nominal Merchant Discount Rate may be applied to certain merchant transactions.
- , Business, Times Now
Summary based on data provided by Times Now. Full article available at the original publisher.
- #business
- #transactions
- #remain