Only 17% Merchants Willing To Accept 0.4% MDR On UPI Payments Above ₹2,000: Survey
Only 17% of merchants and businesses are prepared to absorb a 0.4% merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions exceeding ₹2,000, according to a LocalCircles survey. The survey gathered more than 32,000 responses from merchants across 242 districts, covering businesses from different parts of India. Around 48% of participants were from Tier-I districts, 33% from…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
