Tag Archives: P2PM UPI QR code exemption

Centre Rebuts ‘External Pressure’ Claims on UPI Fee, Affirms 0.4% Charge Crucial for Ecosystem Sustainability

The Union Government has strongly rejected allegations of giving in to external pressure regarding its digital payment policy, clarifying that the newly announced 0.4 percent Merchant Discount Rate (MDR) on select high-value UPI transactions is a calculated domestic policy decision aimed purely at long-term infrastructure sustainability. Rebutting opposition claims that …

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