No burden for consumers Sitharaman clarifies who will pay MDR on UPI

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Finance Minister Nirmala Sitharaman confirmed that UPI users will not pay Merchant Discount Rate charges on transactions.
These costs are restricted to payment operators and not imposed on consumers.
The new rule focuses specifically on high-value transactions between individuals and merchants.
This policy aims to maintain user accessibility while regulating digital payment processing.

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Finance Minister

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“UPI users will face no additional financial burden.”
[1]The Times of India2h agoOpen at the quote ↗
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…Finance Minister Nirmala Sitharaman addressed concerns over the Merchant Discount Rate charges, emphasizing that UPI users will face no additional financial burden. These charges apply solely to payment operators and do not treat consumers as taxpayers. The revised rule targets only high-value Person-to-Merchant UPI transactions, meaning most users will transact without incurring…

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Named India · Government of India · Nirmala Sitharaman

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