{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Daybreak","title":"Why your Diwali shopping is more important than MDR on UPI","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/692a4a61\"></iframe>","width":"100%","height":180,"duration":750,"description":"Around mid-September, shops in parts of Ghaziabad started putting up signs: carry cash, because UPI wouldn’t be accepted. \nThey were protesting a new 0.4% merchant fee on UPI payments above 2,000 rupees, which was due to start on October 15. \nTwo days before that, NPCI, the body that runs UPI, put it on hold until after Diwali. On this episode, we look at what the fee is, where the money would go, why shoppers aren’t supposed to pay it, and whether that will stay the case once the festive season ends.\n\nThis episode is edited by Arnav Prakash\n\nDaybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.","thumbnail_url":"https://img.transistorcdn.com/uPitovxKRYBGX6AWg9UrET6s3nAdkS-Ci9uZvsZj7vk/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS85ODhl/ZWM4NmEwZTcxZjZk/MDRlYjAzNTNkMjJi/ZGQ2YS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}