UPI incentive cut worries industry again, calls for MDR grow louder

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UPI incentive cut worries industry again, calls for MDR grow louder - Business Standard

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This was a substantial cut from Rs 3,268 crore in FY24."There is still confusion regarding the latest incentive structure for small and large merchants.

The industry’s concerns come as the government approved Rs 1,500 crore in a scheme for promoting low-value BHIM-UPI transactions when made from peer-to-merchant (P2M) payments.