BusinessAI imageGovernment Defends MDR Charges on UPI Payments Above ₹2,000
The Indian government has confirmed there will be no rollback of the Merchant Discount Rate (MDR) charges on person-to-merchant UPI payments exceeding ₹2,000. This decision has faced criticism, including from Rahul Gandhi, and a plea has been filed in the Supreme Court challenging the imposition of these charges. Officials describe the decision as well-considered and final.
The Times of India·


