Clothing Manufacturers Association Of India (CMAI) Statement On The Deferment Of MDR On UPI Merchant Payments. –

Mumbai, Maharashtra, 13th of October, 2026 : Clothing Manufacturers Association Of India (CMAI) Statement On The Deferment Of MDR On UPI Merchant Payments. Statement on the Deferment of MDR on UPI Merchant Payments “CMAI welcomes the decision of the UPI and Services Steering Committee to defer the Merchant Discount Rate (MDR) on select person-to-merchant (P2M)

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