India is considering delaying a 0.4% merchant discount rate on UPI transactions above ₹2,000 until January 2027. The postponement would give payment companies time to update systems and merchants time to prepare. Person-to-person payments and smaller merchant transactions would remain free.
​India is considering delaying a 0.4% merchant discount rate on UPI transactions above ₹2,000 until January 2027. The postponement would give payment companies time to update systems and merchants time to prepare. Person-to-person payments and smaller merchant transactions would remain free. by Soban News (international And National News)
