FanzizFanziz
UPI Payments Simplified: What You Need to Know Starting Oct 15

Finance

TonyTony

UPI Payments Simplified: What You Need to Know Starting Oct 15

Listen up, future billionaires! Starting October 15, merchants will pay a little something called MDR on UPI payments over ₹2,000. But customers? You get to keep your cash! Micro merchants under ₹1 lakh monthly? Totally fee-free! For the big players, it’s 0.4% on transactions above ₹2,000, capped at ₹300. Easy as pie, right? Now go forth and transact like the financial wizards you are!