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VERIFIEDMint Markets·neutral
Paytm’s UPI windfall faces a reality check from MDR sharing, competition
AI Summary
- ·A 0.4% MDR will apply to eligible P2M UPI transactions above ₹2,000 from October 15.
- ·The MDR will be capped at ₹300 per transaction.
- ·Concessional rates will be applied for specified sectors.