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NPCI's UPI MDR Changes: No Impact on Transaction Volumes
NPCI's new Merchant Discount Rate (MDR) kicks in on October 15, but CEO Dilip Asbe assures it won't affect UPI transaction volumes. The additional revenue will be reinvested in enhancing payment infrastructure, including soundboxes and AI technologies. This move aims to strengthen the digital payment ecosystem in India.
⚖️ AI Verdict
"Looks like UPI is just leveling up without breaking a sweat!"
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File ID: #404046Original Source: LiveMint Money ↗
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