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  1. Government bodies are discussing the potential reintroduction of the Merchant Discount Rate (MDR) for UPI transactions.
  2. The Government of India clarified that UPI fees remain free for users, but noted that an Act amendment is needed to introduce potential Merchant Discount Rate (MDR).

Opposition parties are pushing back against the proposed Merchant Discount Rate (MDR) framework for the UPI Payment System.

1 report, 1 independent Updated Sep 17
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Opposition parties are pushing back against the proposed Merchant Discount Rate (MDR) framework for the UPI Payment System.

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Part of

The Government of India clarified that UPI fees remain free for users, but noted that an Act amendment is needed to introduce potential Merchant Discount Rate (MDR). All 2 developments

Within Government bodies are discussing the potential reintroduction of the Merchant Discount Rate (MDR) for UPI transactions.

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