What if merchants use their personal QR codes instead of Merchant QRs
Here MDR fee will charge for every 2000 or just once for above 2000
I didn’t Understand about that 4% charge on complete sale or 4% on 2000🤔
UPI continues to remain free for consumers. Person-to-person (P2P) payments remain completely free, while person-to-merchant (P2M) transactions up to ₹2,000 continue with zero MDR.
For specified merchant transactions above ₹2,000, MDR is applicable on the merchant side—not to UPI users. UPI MDR helps support the technology, infrastructure and operations needed to keep the UPI ecosystem running smoothly and sustainably.
#UPI #NPCI #UPIChalega #DigitalPayments