‘To strengthen UPI’s long-term sustainability’: RBI backs 0.4% MDR on transactions above Rs 2,000
‘To strengthen UPI’s long-term sustainability’: RBI backs 0.4% MDR on transactions above Rs 2,000 Updated: 2026-09-16 04:55:13 | Source: timesofindia.indiatimes.com The RBI said the move would help UPI “continue to scale, innovate and serve consumers.” NEW DELHI: The Reserve Bank of India has backed the introduction of a Merchant Discount Rate (MDR) on large-value UPI…