UPI continues to remain free for consumers. Person-to-person (P2P) payments remain completely free, while person-to-merchant (P2M) transactions up to ₹2,000 continue with zero MDR.
For specified merchant transactions above ₹2,000, MDR is applicable on the merchant side—not to UPI users. UPI MDR helps support the technology, infrastructure and operations needed to keep the UPI ecosystem running smoothly and sustainably.
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