NSE CEO Ashish Chauhan Says UPI MDR Charges May Hit Volumes In Near Term
The National Stock Exchange (NSE) expects the introduction of Merchant Discount Rate (MDR) charges on higher-value UPI transactions to have a limited short-term impact on digital payment volumes, with activity likely to recover over time. "There may be some impact initially on transaction volumes only in the short term due to MDR charges above Rs 2,000. After some time it's likely to normalise,"…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
