UPI Payment Charges? Lok Sabha Amendment Sparks Debate, FM Gives Clarification
UPI payment charges are back in focus after the Lok Sabha passed an amendment that could pave the way for the introduction of Merchant Discount
UPI payment charges are back in focus after the Lok Sabha passed an amendment that could pave the way for the introduction of Merchant Discount Rate (MDR) on UPI transactions. However, Finance Minister Nirmala Sitharaman has clarified that no decision has been taken yet to introduce MDR on UPI payments.
She also explained that if MDR is introduced, the charges would be levied on merchants and not directly on customers. n18oc_breaking-news News18 Mobile App CNN-News18 is your trusted source for breaking news, updates, and in-depth analysis from around the world.
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