UPI Update: No Final Decision Yet On Introducing MDR Charges On High-Value Transactions, Says Report

UPI Update: No Final Decision Yet on Introducing MDR Charges on High-Value Transactions A report indicates that there has been no final decision yet regarding the introduction of Merchant Discount Rate (MDR) charges on high-value transactions made through the Unified Payments Interface (UPI). This ongoing deliberation reflects the complex balance between promoting digital payments, ensuring the sustainability of payment infrastructure, and minimizing costs for merchants and consumers. The decision on MDR for high-value UPI transactions will have significant implications for the digital payments ecosystem.