UPI: NPCI defers MDR rollout, new date after Diwali

Virendra Pandit New Delhi: The National Payments Corporation of India (NPCI) has deferred the levy of merchant discount rate (MDR) on select UPI transactions until after Diwali, just two days before it was due to take effect, and said the new date would be notified separately. The UPI MDR was scheduled to be rolled (…)

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