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Tag: deferred

Startup India
Nana Muazin

Implementation of New UPI MDR Framework Likely Deferred to January 2027: What You Need to Know

New Delhi: The implementation of the much-debated merchant discount rate (MDR) framework for Unified Payments Interface (UPI) transactions is widely anticipated to be pushed back to January 1, 2027. According to people familiar with the matter speaking to Financial Express, the rollout—originally slated for an October 15 implementation—is facing a targeted delay to provide merchants, […]

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