Four in five Mumbaikars unwilling to bear MDR fee on UPI payments above ₹2,000: study
A LocalCircles survey finds most Mumbai residents will switch to cards or cash instead of paying the 0.4% MDR on UPI payments once it takes effect on October 15
· 10/1/2026, 9:37:38 AM· 2 min read
A LocalCircles survey finds most Mumbai residents will switch to cards or cash instead of paying the 0.4% MDR on UPI payments once it takes effect on October 15
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