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MDR Fee on UPI Payments Above Rs 2,000: What Merchants and Users Should Know

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The Merchant Discount Rate (MDR) is a fee charged to merchants when they accept payments via credit or debit cards for goods and services. This fee is now being discussed in the context of UPI transactions exceeding Rs 2,000. Importantly, person-to-person UPI transfers will remain free and will not attract any MDR charges. The change, if implemented, would primarily affect merchants accepting larger UPI payments rather than everyday consumers sending money to friends or family.

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