Business News

UPI MDR: Can Rs 6,000 be split into three Rs 2,000 payments? No daily cap

FinSiddhi

The NPCI framework and the FAQs issued with it do not stipulate that multiple payments relating to a single bill must be clubbed together. Such a restriction, if in place, could prevent businesses from breaking up larger payments into multiple transactions of Rs 2,000 or less.
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