Tax & ComplianceLiveMint — Money

UPI MDR kicks in October 15: Why NPCI expects no hit to transaction volumes

24 Sept 2026 · 3d agoSource: LiveMint — Money

NPCI CEO Dilip Asbe said the new Merchant Discount Rate is unlikely to materially affect UPI transaction volumes, with the additional revenue expected to be reinvested in payment infrastructure and technologies such as soundboxes and AI.

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