ReferIndia News MDR on UPI Payments may be Back for Large Business

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MDR on UPI Payments may be Back for Large Business

Published on: July 16, 2026, 3:03 a.m. | Source: The Economic Times

India could restore the merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions for large merchants, addressing an issue that has plagued the online payments industry, according to three people aware of the matter.

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