Business2 hours ago
Naughty 😇•20%
UPI Loan Repayments: New ₹5 MDR Charge Explained for Borrowers
Starting October 15, UPI loan repayments over ₹2,000 incur a ₹5 MDR fee, affecting merchants, not borrowers. Understand how this impacts EMIs and AutoPay transactions. This change aims to streamline debt collection processes while ensuring clarity for users in India.
⚖️ AI Verdict
"Looks like borrowers can breathe easy; the merchants are picking up the tab!"
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File ID: #404610Original Source: LiveMint Money ↗
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