What is the significance of the ₹2,000 limit in the UPI MDR discussion?
For daily UPI users across India, the figure of ₹2,000 has taken center stage in discussions regarding the potential reintroduction of the merchant discount rate (MDR). This threshold has been utilized since the government launched its incentive program in FY2021-22 to categorize low-value BHIM-UPI merchant transactions that qualify for subsidies. Following legislative updates concerning fees on electronic payments, ₹2,000 has surfaced as a potential benchmark for MDR.
by shortkt.com✓