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IIT-B report wants UPI MDR cut; says banks should forgo their share

Times of india·12 Oct 2026
IIT-B report wants UPI MDR cut; says banks should forgo their share

The study recommends setting the MDR share for TPAPs at 0.06%, lower than the 0.08% proposed by the National Payments Corporation of India (NPCI), while keeping the PSP share unchanged at 0.02%.…

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