Understanding UPI MDR: Fees, Caps, and Impact on Indian Merchants
Key takeaways:UPI MDR is capped at 0.3% of the transaction amount by the RBI since February 2023.Micro‑enterprises with turnover below...
Key takeaways:UPI MDR is capped at 0.3% of the transaction amount by the RBI since February 2023.Micro‑enterprises with turnover below...
Key takeaways:0.4% MDR means a merchant pays $0.40 for every $100 card transaction.The fee is calculated by multiplying the transaction...
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