Tag: mdr charges

Government can bear cost of maintaining UPI network: BJD MP Santrupt Misra

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Government can bear cost of maintaining UPI network: BJD MP Santrupt Misra

A file image of BJD MP Santrupt Misra. | Photo Credit: K. Murali Kumar Biju Janata Dal (BJD) MP Santrupt Misra raised concerns on Saturday (September 19, 2026) about the Centre’s decision to impose a merchant discount rate (MDR) of 0.4% on person-to-merchant UPI transactions above ₹2,000, saying various alternative avenues are available to fund…

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Parliament Standing Committee didn’t discuss MDR charges on UPI transactions, says Gaurav Gogoi

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Parliament Standing Committee didn’t discuss MDR charges on UPI transactions, says Gaurav Gogoi

Congress MP Gaurav Gogoi. File | Photo Credit: Shiv Kumar Pushpakar Expressing concern over the recent announcement of the imposition of 0.4% Merchant Discount Rate (MDR) charges on Unified Payments Interface (UPI) transactions over ₹2,000, Congress MP Gaurav Gogoi said on Thursday (September 17, 2026) that the Parliament Standing Committee on Finance did not discuss the…

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