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‘Not a government issue’: FM Sitharaman explains where UPI MDR charge goes

Times of india·25 Sep 2026
‘Not a government issue’: FM Sitharaman explains where UPI MDR charge goes

Nirmala Sitharaman clarified that there will be no Merchant Discount Rate (MDR) charged by the government on UPI transactions. She reassured consumers that for transactions over Rs 2,000, the MDR…

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