India, Sept. 16 -- The government has introduced a new framework for UPI merchant transactions, bringing changes to the existing MDR structure. While most UPI transactions will continue without charges, the new framework introduces MDR on specified merchant transactions based on the transaction value and category.

The move could have varying implications for banks, payment platforms, and other companies involved in the digital payments ecosystem. Companies with significant UPI transaction volumes and exposure to merchant payments could see changes in their revenue potential under the new framework.

UPI MDR: What are the new rules, and which sectors will be impacted? The new UPI framework will keep all person-to-person (P2P) transaction...