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UPI MDR Charges Will Not Be Passed on to Consumers: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman says Merchant Discount Rate is an ecosystem charge, not a tax or fee to be paid by UPI users. New Delhi,...

Punjab Petrol Pumps to Stop Accepting UPI Payments Above ₹2,000 From October 16

Petrol pump dealers in Punjab oppose new MDR on high-value UPI fuel payments, citing thin profit margins and rising operating costs Article Chandigarh, September 21, 2026:...

UPI MDR Move Important for Long-Term Growth and Sustainability, Says PhonePe CEO Sameer Nigam

UPI MDR Move Important for Long-Term Growth and Sustainability, Says PhonePe CEO Sameer Nigam Bengaluru, September 16, 2026: PhonePe founder and CEO Sameer Nigam has...

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