In January, some e-shoppers will be smiling!
No MDR charges are applicable on transactions through RuPay and UPI platforms since January 1, 2020. This was to promote digital payments, Finance Minister Nirmala Sitharaman said. The Department of Revenue (DoR) has notified RuPay and UPI as the prescribed mode of payment for digital transactions without any Merchant Discount Rate (MDR). Accordingly, all companies […]