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Two days past Deepavali, NPCI yet to announce a date for UPI MDR rollout
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New Delhi Two days since Deepavali, the National Payments Council of India is yet to notify a new date for the implementation of the Merchant Discount Rate (MDR) on UPI transactions and The Hindu has learnt that “there is no announcement on this at the moment”.
NPCI pushes back UPI MDR rollout to ‘immediately after Diwali’ storyline 1 When it had put the proposed additional charge on hold nearly a month ago, the NPCI had said the new date would be announced “immediately” after Deepavali.
The new rate was originally supposed to have been implemented on October 15.
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