UPI above ₹2,000 may attract 0.5% MDR for large traders

India's government may reintroduce a 0.5% merchant discount rate (MDR) on UPI transactions above ₹2,000 for large merchants, while exempting businesses with turnover up to ₹1.5 crore. The move aims to compensate banks and payment service providers for rising operational and technology costs.

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