UPI has become an integral part of the purchasing process in India, whether one is purchasing groceries from a nearby store or expensive electronic items. The ease of use and efficiency of the system has made it a favorite mode of payment among both consumers and businesses. But an amendment to the charges applicable to UPI transactions has brought up some concerns among merchants and payments companies. The NPCI has decided to delay the implementation of MDR charges on selected UPI transactions till after Diwali.
