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End Of Free UPI May Impose ₹ 2k Crore Burden On MP Consumers

Bhopal (Madhya Pradesh): The end of free UPI from October 15 this year may impose an annual burden of around Rs 2,133 cr...

End Of Free UPI May Impose ₹ 2k Crore Burden On MP Consumers
Source: Free Press Journal - General

Bhopal (Madhya Pradesh): The end of free UPI from October 15 this year may impose an annual burden of around Rs 2,133 crore on the consumers of Madhya Pradesh, if the business firms and traders choose to pass the entire burden of MDR (Merchant Discount Rate) to them. MP accounts for 2.2% of the UPI transactions in the country, both...

SOURCE: Free Press Journal - General
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