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NPCI Hits Snooze On UPI MDR Fee Until After Diwali

Finance

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NPCI Hits Snooze On UPI MDR Fee Until After Diwali

So, NPCI just decided to hit the snooze button on that UPI MDR fee until after Diwali, which was supposed to drop on October 15. Merchants can chill during the festive madness, but the exact new date is still a mystery. Meanwhile, UPI is flexing hard with 802 million daily transactions in September. Talk about a digital glow-up!