UPI MDR fee: Small merchants and gig workers brace for
From October 15, person-to-merchant (P2M) transactions through the Unified Payments Interface (UPI) will attract a merchant discount rate (MDR) of 0.4% for transactions above ₹2,000.
Source
From October 15, person-to-merchant (P2M) transactions through the Unified Payments Interface (UPI) will attract a merchant discount rate (MDR) of 0.4% for transactions above ₹2,000.
Source