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Food delivery, quick commerce largely shielded from UPI MDR despite high digital payments

Source: Business Today

Low average order values could keep food delivery and quick-commerce companies relatively insulated from a potential UPI MDR on transactions above ₹2,000. As per brokerages, the impact at around 0.6% of FY27 EBITDA for Eternal and 0.4% for Swiggy, despite their high digital-payment usage.

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This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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