Big UPI Update: Merchant Transactions Above ₹2,000 Set to Attract 0.4% MDR
On September 15, the UPI Steering Committee conducted a meeting and settled the UPI MDR at 0.4%, or 40 bps, for transactions above Rs 2,000. Merchant Transactions Above ₹2,000 Set to Attract 0.4% MDR first appeared on SAG Infotech Official Tax Blog.
