BusinessSupreme Court PIL Challenges 0.4% MDR on UPI Transactions Above ₹2,000
A PIL has been filed in the Supreme Court challenging the Centre's decision to impose a 0.4% Merchant Discount Rate (MDR) on UPI person-to-merchant transactions exceeding ₹2,000 starting October 15. The petitioner alleges lack of transparency and safeguards, seeking suspension or reconsideration of the framework after consultation and impact assessment.
The Free Press Journal·




