India May End Free UPI for Large Businesses with Reintroduction of MDR

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Digital Payments

5 August 2026 at 3:50 pm

India May End Free UPI for Large Businesses with Reintroduction of MDR

HyperFast News

Summary

The Indian government is reportedly planning to reintroduce the Merchant Discount Rate (MDR) for large businesses using UPI, aiming to reduce subsidy costs and foster a sustainable digital payments ecosystem.

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