India weighs UPI charges as zero-MDR regime faces rethink

India weighs UPI charges as zero-MDR regime faces rethink

India is reconsidering the zero-MDR regime for UPI transactions as volumes and costs rise. A recent amendment allows the government to introduce charges on specific digital payments, though officials say consumers won't be affected. Merchants fear fees could push users back to cash, while experts warn of sustainability challenges.

Source: Deccan Herald

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