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UPI stays free for users, vast majority of transactions to remain free for merchants as well, says government

India Latest News: Top National Headlines Today & Breaking News | The Hindu · 09 Aug 2026, 02:08

The government said any future merchant discount rate (MDR), if introduced, would apply only to a limited set of merchant transactions above a specified threshold and at a nominal rate, which would be lower than typical debit and credit card MDRs

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