UPI volumes will largely remain intact despite new MDR rollout: NPCI chief

UPI MDR From October 15: Who Will Pay 0.4% Charge? NPCI CEO Dilip Asbe Explains

National Payments Corporation of India (NPCI) Managing Director and CEO Dilip Asbe has sought to clarify concerns over the new Merchant Discount Rate (MDR) framework for UPI payments, saying there is "miscommunication and misinformation" surrounding the move. UPI MDR From October 15: Who Will Pay 0.4% Charge? NPCI CEO Dilip Asbe Explains .

UPI MDR kicks in October 15: Why NPCI expects no hit to transaction volumes

NPCI CEO Dilip Asbe said the new Merchant Discount Rate is unlikely to materially affect UPI transaction volumes, with the additional revenue expected to be reinvested in payment infrastructure and technologies such as soundboxes and AI.

UPI volumes will largely remain intact despite new MDR rollout: NPCI chief

The new MDR will apply to specified P2M UPI payments above ₹2,000 from October 15, while P2P transfers and smaller merchant payments remain free.

Read New UPI MDR policy will not affect three-fourths of merchants: NPCI chief - Gallinews India

New UPI MDR policy will not affect three-fourths of merchants: NPCI chief New UPI MDR policy will not affect three-fourths of merchants: NPCI chief Mumbai, Sep 24 (IANS) Around three-fourths of India’s digital payment-accepting merchants will remain unaffected by the newly introduced merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions above Rs 2,000, […]

New UPI MDR policy will not affect three-fourths of merchants: NPCI chief

Mumbai, Sep 24 (SocialNews.XYZ) Around three-fourths of India’s digital payment-accepting merchants will remain unaffected by the newly introduced merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions above Rs 2,000, as they have never... - Social News XYZ