By : Deepak Chand Thakur, co-founder and CEO of NPST. “Favourable Macroeconomic Impact An increase in discretionary spending can have a beneficial impact on UPI transaction volumes. Any relief to stimulate personal spending capacity in the upcoming Union Budget FY 2025-26 will be welcomed by the fintech industry. Introduction of MDR Regime for UPI Payments Today, one in three digital payments is a UPI…