UPI Has a New Fee. Will YOU Pay For It Indirectly?

By NDTV Profit

Community Score: 50% | 105 views | 4w

0 community ratings: null thumbs up, null thumbs down

UPI has been synonymous with FREE digital payments. But with a new 0.4% Merchant Discount Rate (MDR) on eligible UPI merchant transactions above ₹2,000, the cost of digital payments is back in the spotlight. Who actually pays this MDR — the merchant, the payment ecosystem, or could the cost eventually reach the consumer through higher prices? In this video, we break down the ₹10,000 → ₹40 example, the numbers behind UPI MDR, why critics are calling it an “indirect tax”, and why MDR is technically different from a government tax. #UPI #MDR #UPIPayments #DigitalPayments #India For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-reports Follow NDTV Profit here Twitter: https://twitter.com/NDTVProfitIndia , https://twitter.com/NDTVProfit LinkedIn: https://www.linkedin.com/company/ndtvprofi

Tags: UPI, UPI MDR, UPI charges, UPI fee, Merchant Discount Rate, MDR on UPI, UPI payment charges, UPI tax, indirect tax, UPI news, UPI latest news, UPI payment, digital payments India, UPI transactions, NPCI, UPI charges India, merchant MDR, UPI 0.4 percent, UPI ₹2000, UPI explained