UPI charge plan draws flak from Bengaluru businesses | Bengaluru News
In Bengaluru, local merchants are rallying against a suggested MDR affecting UPI payments above Rs 2,000 (Representative image) BENGALURU: The proposed merchant discount rate (MDR) on certain UPI transactions above Rs 2,000 has drawn opposition from fuel dealers, pharmacies, restaurants and wholesale traders in Bengaluru.They fear the additional cost could squeeze already thin margins and…
