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    UPI MDR: ‘Not a single penny’ will go to govt; earnings to be shared among banks and other entities, says report

    Mint
    September 24, 2026
    via Mint

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    UPI MDR: ‘Not a single penny’ will go to govt; earnings to be shared among banks and other entities, says report

    The new MDR is scheduled to come into effect from October 15 and will apply only to merchants accepting UPI payments exceeding ₹2,000.

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