Tag: Merchant Discount Rate

Bench led by CJI Surya Kant issues notice on PIL challenging the merchant fee on UPI payments above Rs 2,000 The Supreme Court on Monday...

Transactions above Rs 2,000 make up around 65% of UPI's total value, meaning the fee lands on payments merchants depend on most The Retailers Association...

Government says the proposed legal change only enables a future MDR framework and does not impose charges on ordinary UPI users UPI users can breathe...