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. Founder & CEO of PhonePe, Sameer Nigam, also welcomed the move, saying the revenue generated from these charges will help the industry recover its operational costs.

READ 🔗 https://www.hindustantimes.com/india-news/very-positive-step-phonepe-mobiwik-co-founders-welcome-mdr-charge-on-upi-payments-merchants-fee-rs-2000-limit-101789537941340.html