MDR on UPI: What stays free, what attracts Rs 5 flat fee, and what 0.4% charges?
Direct Source Verification:
This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
The new MDR will take effect from October 15. However, UPI payments between individuals, including transfers made to friends, will continue to remain outside the charge. Auto-debits and UPI mandates will also not attract MDR.
For complete coverage, context, and related multimedia, visit the original reporting by The Times of India via the source link below.
Original Source
https://timesofindia.indiatimes.com/business/india-business/upi-charges-from-october-15-0-4-mdr-on-payments-above-rs-2000-but-flat-rs-5-fee-for-railway-tickets-fuel-insurance-and-utilities-sending-money-to-friends-family-autopay-for-ott-stays-free/articleshow/134280238.cms
