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UPI MDR: Where will 0.4% fee go? FM clarifies banks, payment gateways & apps to get a share | Check breakdown

25 Sept 2026 · 1d agoSource: LiveMint — Money

UPI MDR explained: 40% of the new fee will go to customer banks, 30% to payment gateways and 20% to UPI apps. Know who gets the money.

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