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Will UPI Payments Stay Free? Bernstein Predicts Future Fees
Will UPI payments remain free? Bernstein suggests consumers may stay unaffected despite potential Merchant Discount Rates (MDR). Large merchants could face a 30-40 bps fee, while small merchants and low-value transactions might remain exempt. RBI Governor Sanjay Malhotra indicates it's too early for definitive comments on this matter.
βοΈ AI Verdict
"Looks like UPI users can breathe easy for now!"
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