India Paves Way for Return of Merchant Fees on UPI: Understanding MDR

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Technology

5 August 2026 at 1:50 am

India Paves Way for Return of Merchant Fees on UPI: Understanding MDR

HyperFast News

Summary

India is paving the way for the return of merchant fees on UPI transactions, specifically Merchant Discount Rate (MDR). MDR is the fee merchants pay to banks and payment service providers for processing digital transactions, typically around 1.5% for credit card payments.

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