Storia: UPI is not a ‘cost’ to be recovered

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The Payment and Settlement Systems Amendment Bill has revived debate over MDR on UPI. While charges could support banks and fintech firms, the article argues they may burden small…

UPI is not a ‘cost’ to be recovered

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UPI is not a ‘cost’ to be recovered

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Consumers, small merchants unlikely to pay charges for UPI transaction: Payments Council of India

Withdrawal of zero MDR may jeopardise one of India’s most successful public policy innovations - The Economic Times

UPI and the cost of policy reversal

UPI transactions to remain free, nominal charges may apply on limited merchant transactions, govt clarifies

No charges for UPI users, vast majority of transactions to remain free for merchants as well: Govt

Free UPI was a policy success and an economic distortion

Withdrawal of zero MDR may jeopardise one of India’s most successful public policy innovations - The Economic…

UPI to remain free for users; nominal MDR may apply to select merchant transactions

UPI transactions to remain free, nominal charges may apply on limited merchant transactions, govt clarifies

Government clarifies UPI users will not be charged, says MDR may apply to select merchants

UPI stays free for users, vast majority of transactions to remain free for merchants as well, says government

UPI to remain free for users, some merchants may face ‘nominal’ charges, says Centre

No charges for UPI users, vast majority of transactions to remain free for merchants as well: Govt

UPI is not a ‘cost’ to be recovered

UPI and the cost of policy reversal

Free UPI was a policy success and an economic distortion