According to a report by The Economic Times, India is considering bringing back merchant fees for certain UPI payments, which would be a significant change to the zero-fee model that has been in place for nearly six years. The plan involves applying a merchant discount rate (MDR) exclusively to big companies that generate an annual turnover between ₹1 crore and ₹1.5 crore. Additionally, these charges would only be relevant for UPI payments that exceed ₹2,000.
by shortkt.com✓