RuPay Credit Card UPI Usage: No Charge for Transactions Up to Rs. 2,000, NPCI Says

RuPay credit card Unified Payments Interface (UPI) transactions under Rs. 2,000 will not be charged, as per RBI directions. According to a circular from the National Payments Corporation of India, nil Merchant Discount Rate (MDR) would apply for this category up to the transaction amount less than and equal to Rs 2,000. The NPCI's decision is aimed at promoting the ho...

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