NPCI Considering Proposal To Defer Implementation Of UPI MDR Charges To January 2027
The National Payments Corporation of India (NPCI) has reportedly received requests from merchant associations, fintech companies and payment firms to postpone the implementation of the Unified Payments Interface (UPI) merchant discount rate (MDR) until January 2027. According to a Moneycontrol report citing sources, NPCI could decide on the proposed deferment within two days following discussions…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
