๐ณ Only 17% Merchants Ready to Absorb UPI MDR
A LocalCircles survey covering over 32,000 merchants across 242 Indian districts found that only 17% are willing to absorb a 0.4% MDR on UPI payments above โน2,000.
While 41% oppose any MDR, another 9% do not accept UPI. The new charges are scheduled from October 15, with small merchants and low-value payments exempt.
๐ณ Only 17% Merchants Ready to Absorb UPI MDR A LocalCircles survey covering over 32,000 merchants ac
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