No question of rollback of 0.4% MDR charges on UPI transactions over Rs 2,000: Top govt official

Economic Times - Sep 16, 2026

A top official, when asked whether the government was considering to roll back the proposed Merchant Discount Rate charges on UPI transactions above Rs 2,000, to be implemented from October 15, said a decision has been taken and there was no question of reversing it.

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