Govt weighing two models to offset UPI costs: FinMin tells Parl panel | Economy & Policy News
[ad_1] The Department of Financial Services is weighing two options to ease the financial costs involving Unified Payments Interface (UPI): Restoring the merchant discount rate (MDR) for certain high-value transactions or merchants, or introducing a tiered incentive structure to phase out government support over the next few years, the Finance Ministry told the Parliamentary … Read more