Story thread · 4 reports / 3 sources
UPI and the cost of policy reversal
thehindu.com · 16h · first report
The government’s proposal to allow an MDR of 0.25–0.5% on UPI transactions above ₹2,000 reverses a decade-long policy; taxing the payment rail could weaken incentives for banks and fintechs to invest in UPI while undermining its role in financial inclusion, formalisation and wider digital adoption
The coverage
- UPI MDR: What is being proposed, and who pays the final cost? Explained
timesofindia.indiatimes.com · 6h
- Here’s how much MDR could be charged on UPI and RuPay transactions
businesstoday.in · 11h
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