World & BusinessUPI MDR charges reportedly won't be passed to consumers
The Economic Times reports that Finance Minister Nirmala Sitharaman said the charges are between payment service providers and are for system improvement.
TLDR
Finance Minister Nirmala Sitharaman said UPI Merchant Discount Rate (MDR) charges will not be passed to consumers, The Economic Times reports. She described the charges as being between payment service providers for system improvement and accused opposition parties of spreading misinformation about the UPI MDR framework.
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UPI MDR charges reportedly won't be passed to consumers
The Economic Times reports that Finance Minister Nirmala Sitharaman said the charges are between payment service providers and are for system improvement.
