0.4% charge on UPI postponed till Diwali: MDR charge was to be imposed from October 15 on payments of more than Rs 2 thousand; Decision in view of the festive season
MDR charge on UPI payment has been postponed till Diwali. It was earlier to be implemented from October 15. In this, the shopkeeper was to be charged 0.4% for making UPI payment of more than ₹ 2,000. Transactions among common people will remain free as before. NPCI has decided to postpone it in view of…