NPCI chief says UPI volumes will stay largely intact after new MDR rollout
Published
AI-generated summary of the coverage listed below: NPCI chief stated that UPI volumes will largely remain intact despite the new merchant discount rate rollout. The new MDR will apply to specified P2M UPI payments above ₹2,000 from October 15, while P2P transfers and smaller merchant payments remain free.
Covered by 1 outlet across the spectrum: 0% left, 100% center, 0% right.
Who is covering this story
- Center (1): Hindustan Times
Sources
- UPI volumes will largely remain intact despite new MDR rollout: NPCI chief — Hindustan Times (center)