MDR on UPI Transactions Over Rs 2,000 Deferred Until After Diwali
The government has postponed the implementation of the Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, originally set for October 15. The delay aims to prevent payment disruptions during the festive shopping season and gives payment companies more time to prepare. This move was expected to create new revenue streams for these companies.
Times of India·


