How monetising UPI hurts electronics retailers
The recent introduction of a 0.4% Merchant Discount Rate (MDR) on UPI transactions marks a major shift in India’s digital payment ecosystem, sparking profound concern across the mobile retail sector
· 9/24/2026, 10:55:33 AM· 2 min read
The recent introduction of a 0.4% Merchant Discount Rate (MDR) on UPI transactions marks a major shift in India’s digital payment ecosystem, sparking profound concern across the mobile retail sector
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