government · 2 records
GST Council
Banks to monitor merchants to prevent passing UPI charges to consumers
The government is tasking banks with preventing merchants from passing UPI Merchant Discount Rate charges to consumers.
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India bans merchants from passing UPI MDR charges to consumers
The Indian government clarified that merchants will not be allowed to pass the new UPI Merchant Discount Rate to customers when it goes into effect on October 15.
1 outlet