Only 10% of UPI transactions risk consumer charges: NPCI chief

NPCI CEO Dilip Asbe said only 10% of UPI transaction value risks consumer charges under the proposed MDR. Around 80% of MDR will come from businesses with over ₹ 1,000 crore turnover. About 96% of UPI transaction volume won't attract charges. A proposed fund of ₹3,000 crore over three years will support small merchants.