Will MDR Kill UPI’s Biggest Advantage—Frictionless Payments?

UPI processed a staggering 23.66 billion transactions in July—worth nearly Rs 30 lakh crore. Think about this for a moment. In a single month, India’s digital payments system processed transactions worth almost one-third of the annual allocation for MGNREGA. And yet, one of the reasons UPI became so successful was remarkably simple: it was free. [...] The post Will MDR Kill UPI’s Biggest…