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#GTBharat's PolicyCast Ep 57 | Is UPI still free? Understanding the new MDR framework
Is UPI becoming a paid service? Not quite.
India’s UPI ecosystem has reached a scale where the conversation is shifting from adoption to sustainability. The new Merchant Discount Rate (MDR) framework introduces a targeted charge for certain higher-value merchant transactions, while keeping consumer payments free.
In the latest episode of #GTBharat’s PolicyCast, Dharmender Jhamb, Partner and Fintech Industry Leader, Grant Thornton Bharat, explains what has changed, who pays, and what the framework means for merchants, consumers and the wider digital payments ecosystem.
The conversation covers…
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