53% may stop using UPI for payments above ₹3,000 if MDR returns, survey claims

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Economy

4 August 2026 at 7:51 pm

53% may stop using UPI for payments above ₹3,000 if MDR returns, survey claims

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Summary

A survey indicates that 53% of respondents would stop using UPI for transactions over ₹3,000 if Merchant Discount Rates (MDR) were imposed on large merchants.

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