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Introduction Of MDR On Large Value Transactions To Strengthen UPI's Long-Term Sustainability: RBI

Introduction Of MDR On Large Value Transactions To Strengthen UPI's Long-Term Sustainability: RBI
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Mumbai, September 15, 2026: The introduction of Merchant Discount Rate (MDR) on large-value UPI transactions is an important step towards strengthening the long-term sustainability of India's digital payments ecosystem, the Reserve Bank said on Tuesday following a proposal to levy a 0.4 per cent...

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