Plea in Supreme Court against imposition of MDR on UPI payments of above ₹2,000
A petition has been filed in the Supreme Court seeking to halt the application of a merchant discount rate on Unified Payments Interface (UPI) transactions exceeding ₹2,000. The petitioner argues that transfers up to ₹2,000 and all person‑to‑person payments should remain cost‑free, and that small merchants earning up to ₹1 lakh monthly through UPI QR codes should be exempt from the fee.