MeitY considers reimbursing merchant discount rates for UPI to payment firms
There should be less politicking about health in the year ahead, the World Health Organization (WHO) said on Wednesday
After facing pressure from digital payment firms, the ministry of electronics and information technology (MeitY) is looking at options to reimburse transaction fees or merchant discount rates (MDR) to payment firms for merchant transactions on Unified Payment Interface (UPI) and RuPay network, according to three payment and banking executives aware of the discussions.
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