<ul><li>Fintech startups have voiced concerns over the zero MDR regime for UPI payments.</li><li>The Payments Council of India (PCI) suggests introducing MDR for online payments at a flat 0.3% rate for large UPI merchants.</li><li>Meesho has picked Morgan Stanley, Kotak Mahindra Capital, and Citi as advisers for its upcoming IPO.</li><li>Amazon India has reduced seller referral fees to zero for over 12 Mn products priced below INR 300.</li></ul>

UPI MDR Debate Reignites, Meesho’s IPO Plans & More

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