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Sitharaman says UPI MDR decision was professional, without external pressure

3 sources · first seen 14:56 25 Sept · updated 15:45 25 Sept

The brief

Written from 3 reports · check the source before you trade
  • The MDR is 0.4%
  • Sitharaman said NPCI and others took the decision jointly
  • UPI payment firms and fintechs are exposed to any changes in merchant discount rate rules

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Read the reports

3 reports · earliest 14:56
Economic TimesUPI MDR decision completely professional, no external pressure: FM Sitharaman14:56The HinduUPI MDR decision completely professional, no external pressure: FM Sitharaman15:30Business StandardUPI MDR decision purely professional, no external pressure: FM Sitharaman15:45