ASSOCHAM warns MDR on UPI will hurt MSMEs, discourage digital pay
ASSOCHAM’s Saurabh Sanyal has said that levying a Merchant Discount Rate (MDR) on UPI transactions over Rs 2,000 will be a setback for MSMEs, increasing their financial burden and discouraging the adoption of digital payments. MDR on UPI to Hurt Small Businesses: ASSOCHAM Amid reports that government may allow Merchant Discount Rate (MDR) on Unified … Read more