UPI MDR may backfire on merchants, hurt payments
Synopsis Experts suggest focusing on who bears UPI merchant discount rate costs. Introducing this fee could increase business operating expenses and squeeze margins. Small merchants
Synopsis Experts suggest focusing on who bears UPI merchant discount rate costs. Introducing this fee could increase business operating expenses and squeeze margins. Small merchants and kirana stores may face significant challenges with this change. UPI's success as a public digital infrastructure is at stake. Policymakers must balance sustainability with UPI's broader economic and strategic value.
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