The new MDR will take effect from October 15. However, UPI payments between individuals, including transfers made to friends, will continue to remain outside the charge. Auto-debits and UPI mandates will also not attract MDR. The new MDR will take effect from October 15. However, UPI payments between individuals, including transfers made to friends, will continue to remain outside the charge. Auto-debits and UPI mandates will also not attract MDR.
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MDR on UPI: What stays free, what attracts Rs 5 flat fee, and what 0.4% charges?
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