Merchants Were Never Assured of Zero MDR on UPI Indefinitely: Govt to Supreme Court

Merchants barred from passing on UPI charges to customers: NCPI tells SC

The National Payments Corporation of India (NPCI) has informed the Supreme Court that merchants are prohibited from passing on Merchant Discount Rate (MDR) charges to customers under the new UPI pricing framework. This clarification comes in response to a petition challenging the imposition of MDR on UPI person-to-merchant transactions exceeding Rs 2,000, with NPCI defending the revised framework as crucial for the sustainability of the UPI ecos…

Merchants were never assured of zero MDR on UPI indefinitely: Govt to Supreme Court

The Centre said person-to-merchant (P2M) transactions of up to ₹2,000 would be exempt from Merchant Discount Rate (MDR).

NPCI says MDR charge imposed to save UPI ecosystem from turning ouroboric

MDR on P2M transactions above ₹2,000 would apply to only about 4 per cent of merchant activity while keeping P2P and low-value P2M payments free

NPCI says MDR charge has been imposed to save the UPI ecosystem from turning ouroboric

Zero MDR is no longer sustainable; the magnitude of growth places correspondingly greater demands on the security, resilience, and infrastructural capacity of the system, NCPI tells SC

Merchants Cannot Pass UPI Transaction Costs To Customers, NPCI Informs SC

Customers will not have to pay additional fees when making UPI payments, as the National Payments…