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Finance Oct 1, 2026 1 min read

Mumbai UPI Users Revolt: 80% Refuse to Pay MDR Fees Above ₹2,000

A LocalCircles survey reveals that 80% of Mumbai residents are unwilling to pay the 0.4% Merchant Discount Rate (MDR) on UPI transactions above ₹2,000, set to take effect on October 15. Most responden…

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