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Who has to pay MDR on UPI and who stands to gain the most? | Explained

What is the new UPI MDR system? Who will have to pay the charges? Which transactions will remain free? How much could banks and payment platforms earn?

· 9/16/2026, 7:13:37 AM· 2 min read
Who has to pay MDR on UPI and who stands to gain the most? | Explained
What is the new UPI MDR system? Who will have to pay the charges? Which transactions will remain free? How much could banks and payment platforms earn?
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