Tag: micro units zero mdr india
MDR Will Strengthen UPI Sustainability, Support Innovation, Mitigate Frauds and Enhance Wider Acceptance: ASSOCHAM
The framework keeps all P2P transactions free, ensures zero MDR for merchant payments up to ₹2,000, and protects over 3 crore micro units with turnover below ₹1 lakh. Importantly, 96% of merchant transactions remain unaffected, with MDR applying to only ~4% of P2M transactions.