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Will UPI payments above ₹2,000 now attract a charge? A September 14 government notification has sparked questions over the future of MDR on large merchant UPI transactions. While payments up to ₹2,000 remain protected from charges, no new MDR rate has been announced yet. So, who could pay if a charge is introduced, the merchant or the customer? Why is 0.4% MDR being discussed, and why is the government considering this move? In this episode of Kharcha Paani, we explain what has changed, what has not, and what could happen next.
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