September 27, 2026 9:56 PM
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Supreme Court to Hear Plea Challenging MDR on UPI Transactions Above ₹2,000
The Supreme Court will tomorrow hear a plea challenging the Centre's decision to impose a Merchant Discount Rate (MDR) on specified UPI person-to-merchant transactions of over 2,000 rupees. Ending nearly six years of fully free UPI payments, the government has introduced a 0.4 per cent fee on transf...