Payments Council backs UPI merchant charges, says users, small businesses will remain exempt
PCI said small merchants, including kirana stores, should not be charged for accepting UPI payments. Any merchant service charge would be a commercial arrangement between merchants and payment providers, not a charge on customers.
We haven't written up this one. Economic Times Tech has the full story — the link below goes straight to it.
Also reported by 1 other outlet
- UPI to remain free for users; nominal MDR may apply to select merchant transactions economictimes.indiatimes.com
