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Ashneer Grover Questions UPI MDR Charges: If Merchants Pay, Will Consumers Ultimately Bear the Cost?

A New Fee Challenges India's Free Digital Payments Model India's Unified Payments Interface, widely known as UPI, has transformed the way millions of people pay for everyday purchases. From roadside tea stalls and neighbourhood grocery shops to large retailers, online businesses and restaurants, scanning a QR code and completing a payment has become a routine part of daily life. The system has ma…

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Post Beyond_Headlines

UPI Charges Are Changing: What the New Merchant Fee Really Means for Indians

India's Unified Payments Interface has become so deeply embedded in everyday life that paying through a QR code often feels less like a financial transaction and more like a routine gesture. A customer buys groceries, pays a restaurant bill, books a service, transfers money to a family member or settles an online purchase, and the payment happens within seconds. For millions of Indians, the most …

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