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UPI Won’t Be Free Anymore? What MDR Charges Mean for You | In Focus Podcast
The government’s Taxation and Other Laws (Amendment) Bill, 2026, has opened the door for Merchant Discount Rate (MDR) charges on UPI transactions above a certain threshold. While the government says the charges would apply only to merchants, analysts argue that the cost could eventually be passed on to consumers. So, why is MDR being ...
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