As the government prepares for its next budget, payment system operators are calling for a decisive increase in subsidies for UPI merchant discount rates (MDR). They emphasize the critical funding shortfall for zero-MDR on low-value transactions between individuals and merchants, recommending a reasonable MDR for larger retailers to maintain the financial health of the system.
from Banking/Finance-Industry-Economic Times https://ift.tt/1zU9NhO
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