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UPI Transactions Remain Free: Government Clarifies Payment Rules
The Indian government confirms that UPI users will not face charges for person-to-person transactions. The Ministry of Finance reassured that any future Merchant Discount Rate (MDR) will only affect select merchant transactions exceeding a certain threshold. This decision aims to maintain the accessibility and affordability of digital payments for users across India.
⚖️ AI Verdict
"Free transactions? Sounds like a win for UPI users!"
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File ID: #322042Original Source: Times Of India ↗
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