Will you soon have to pay to use UPI? Govt explains new MDR plan

By The Hindu

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Will you soon have to pay to use UPI? The government has clarified that UPI transactions for citizens will remain free, while the vast majority of merchant payments will also continue without charges. A proposed Merchant Discount Rate (MDR) could apply only to select merchant transactions above a specified threshold. So why is the government considering MDR, and who could eventually pay? Thank you for watching our video! You can subscribe to our channel here: https://bit.ly/3c8Adi6 Visit https://www.thehindu.com/ for the latest updates, analysis, opinions, and more. You can also download our apps: Android: https://bit.ly/3nboBEi iOs: https://apple.co/3EDCwt4 The Hindu is committed to keeping you up-to-date with information on the developments in India and the world. We promise to deliver quality journalism that stays away from vested interest and political propaganda. You can support us by subscribing to our digital offerings here: https://bit.ly/3emywiz Follow us: Twitter: h

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