Merchants wary of margin squeeze as Centre announces UPI fee | Hyderabad News
Hyderabad: The Centre is sticking to its decision to introduce a 0.4% Merchant Discount Rate (MDR) on specified UPI person-to-merchant (P2M) transactions above ₹2,000 from Oct 15, raising concerns among traders in Hyderabad that the additional cost could further squeeze margins in a highly competitive market.“This will directly impact our margins as every transaction is…
