UPI volumes will largely remain intact despite new UPR MDR rollout, ecosystem to reinvest: NPCI chief
New Delhi [India], September 24 (ANI): The newly introduced Merchant Discount Rate (MDR) framework for Unified Payments Interface (UPI) transactions is unlikely to have any major impact on transaction volumes, National Payments Corporation of India (NPCI) Managing Director and CEO Dilip Asbe said on Thursday, stressing that revenues generated through the new structure would support further investment in the digital payments ecosystem.
