BusinessAI imageGovernment Denies Foreign Pressure on UPI MDR Charges
The government has denied allegations of foreign pressure influencing the introduction of Merchant Discount Rate (MDR) charges on UPI transactions. Officials stated that the MDR fee is intended to support Indian UPI apps. Discussions continue among government and payment gateways to prevent merchants from passing the MDR burden onto consumers, with monitoring planned to protect users.
The Hindu·


