UPI has turned into a major privacy breach
Payment providers should allow for showing only relevant information. A user name can be provided to an account holder
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UPI News & Updates
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Finance Ministry moves to enable MDR on UPI, proposes scrapping zero MDR provision
The Finance Ministry has proposed amending the Payment and Settlement Systems Act to enable Merchant Discount Rate (MDR) on select UPI transactions for large merchants, ending the zero-MDR regime while keeping UPI free for consumers and creating a sustainable revenue model for banks and payment...
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The hidden Trump factor in India’s proposed new UPI transaction levy | Explained News - The Indian Express
so it appears that trump is not happy that upi is hitting visa/mastercard so this is why government is enabling this. or whatever.
so it appears that trump is not happy that upi is hitting visa/mastercard so this is why government is enabling this. or whatever.
