Report Calls for Rationalising UPI MDR to Protect Public Trust
A report by IIT Bombay titled 'UPI at a Crossroads: Reintroducing the MDR' highlights that UPI, as a public digital infrastructure, has greatly enhanced user convenience and economic productivity. It states the long-term economic benefits of UPI outweigh potential income from merchant transaction fees, urging rationalisation of the MDR framework to maintain public trust.
ET Tech·



