No more free UPI transactions? UPI MDR Charges Return 2025
Unified Payments Interface (UPI) has reshaped India’s financial landscape by offering fast, seamless, and cost-free digital transactions. However, this era of free transactions might soon end. The Payments Council of India (PCI) has proposed the reintroduction of Merchant Discount Rate (MDR) charges on UPI and RuPay transactions starting in 2025. This proposal could significantly impact … Read more