IIT Bombay

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1. 11 Oct
   IIT Bombay says UPI MDR framework must be rationalised to protect trust

   A report from IIT Bombay warns that the proposed merchant discount rate (MDR) framework for UPI transactions should be rationalised before implementation to avoid undermining public trust. The report recommends limiting charges to large merchants (annual turnover over Rs 50 crore) and suggests a possible reasonable charge on e‑commerce merchants within the legal mandate.

   Policy · 1 source

   

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