No question of rollback of 0.4% MDR charges on UPI transactions over ₹2,000: Top government official
A senior government official confirmed that the 0.4% merchant discount rate applied to UPI payments exceeding ₹2,000 will remain in place. The move, announced by sources, is intended to support the overall health of the UPI network and enhance its security and reliability. The policy aims to fund fraud‑prevention measures and maintain system integrity. No reversal of the charge is being considered.