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Merchant fee may be imposed on UPI payments over ₹3,000: Report
short by Ankush Verma / on 11 Jun 2025,Wednesday
The government is considering a policy change that may reintroduce Merchant Discount Rate on UPI transactions above ₹3,000, NDTV Profit reported quoting sources. The move is aimed at supporting banks and payment service providers in managing infrastructure and operational costs. Small-ticket UPI payments would likely remain exempt, the report further said.
short by Ankush Verma / 01:45 pm on 11 Jun
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