'Inevitable, more competition': Nithin Kamath backs UPI MDR but flags cost burden for brokers

2 hours ago 1

Nithin Kamath backed merchant discount rate (MDR) on UPI, calling it probably inevitable and saying it could boost competition. But he flagged the cost burden on brokers, suggesting a 0.02% MDR capped at ₹5-10 instead of ₹300.

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'Inevitable, more competition': Nithin Kamath backs UPI MDR but flags cost burden for brokers

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