UPI Changes: P2P Payments Stay Free, Most Merchant Transactions Unaffected
New Delhi: Users will not have to pay more to send money through UPI under the new framework, with all person-to-person transactions remaining free regardless of the amount. The majority of payments made to merchants will also continue without MDR. Around 96% of person-to-merchant (P2M) transactions are expected to remain unaffected, as MDR will apply…
