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The Mumbai

UPI Charges Above ₹2,000: Mumbai Traders React Strongly To MDR & Fear Shift To Cash, Say Customers May Bear Burden

Mumbai: The proposed introduction of a 0.4 per cent Merchant Discount Rate (MDR) on eligible UPI payments above Rs 2,000 has triggered concern among traders and small business owners in Mumbai, with several vendors at Dadar market saying they may have to limit digital payments or return to cash t...

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