UPI MDR will apply to specified P2M transactions above ₹2,000 from 15 October. While the charge is levied on merchants, the government has warned that passing it on to consumers would constitute a criminal offence. Heres what the law says.
UPI MDR will apply to specified P2M transactions above ₹2,000 from 15 October. While the charge is levied on merchants, the government has warned that passing it on to consumers would constitute a criminal offence. Heres what the law says.