Hindustan Times ·
‘Very positive step’: PhonePe, MobiKwik co-founders welcome UPI MDR charges
While some criticised the MDR charges on UPI transactions, many welcomed the move saying it was much needed.
As debate around UPI MDR transaction charges grows, industry leaders are now weighing in with their opinions. While some have criticised the move, many have welcomed it saying it was much needed.
Rallying behind those supporting the charges, MobiKwik co-founder Upasana Taku, hailed the move as a “very positive step” that will help make the payments ecosystem more sustainable as rising infrastructure costs have put pressure on banks and payment companies.