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UPI Charge On Stock Market Payments, Here's Who Will Bear The MDR Cost Brokers Or Customers?

UPI Charge On Stock Market Payments, Here's Who Will Bear The MDR Cost Brokers Or Customers?
Photo: Free Press Journal · view original

Mumbai: The upcoming Merchant Discount Rate (MDR) on UPI payments will extend beyond regular merchants to transactions linked to the stock market, raising questions over whether brokers will absorb the additional cost or customers could eventually feel its impact. Reports had suggested that the N...

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