UPI MDR Explained: What Changes, What Stays Free
UPI person-to-person transfers remain free, while specified merchant transactions above ₹2,000 will attract MDR under the new framework.
UPI person-to-person transfers remain free, while specified merchant transactions above ₹2,000 will attract MDR under the new framework.
The government has barred banks and payment system providers from charging users or recipients for UPI transactions of up to Rs 2,000.
Paytm has introduced the Split Bills feature, allowing users to split, track and settle shared expenses with friends and family through multiple payment modes without extra charges.