Government, banks to decide subsidy amount for UPI that will continue after MDR comes in
The MDR collections are not expected to cover the full cost of running UPI, officials said. They added that the Finance Ministry will be speaking to banks and merchants to ensure MDR is not passed on to customers
· 9/25/2026, 6:54:09 AM· 2 min read
The MDR collections are not expected to cover the full cost of running UPI, officials said. They added that the Finance Ministry will be speaking to banks and merchants to ensure MDR is not passed on to customers
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