53% of Users May Ditch UPI Payments Over MDR Fees: Survey

A recent survey reveals that 53% of users may stop using UPI for payments over ₹3,000 if Merchant Discount Rates (MDR) are reintroduced. This potential shift could impact digital payment trends in India significantly. As consumers weigh the costs of transactions, the future of UPI remains uncertain amid growing concerns over fees.

⚖️ AI Verdict

"Looks like users are ready to take their wallets elsewhere if fees come back!"

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File ID: #311871Original Source: LiveMint Money ↗

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