Technology

'No burden for consumers': Sitharaman clarifies who will pay MDR on UPI transactions

· 22 September 2026 · 2 min read
'No burden for consumers': Sitharaman clarifies who will pay MDR on UPI transactions

The Times of India has reported a new India-focused technology development: “'No burden for consumers': Sitharaman clarifies who will pay MDR on UPI transactions.” The publisher's feed describes the story as follows: <![CDATA[Finance Minister Nirmala Sitharaman addressed concerns over the Merchant Discount Rate charges, emphasizing that UPI users will face no additional financial burden. These charges apply solely to payment operators and do not treat consumers as taxpayers. The revised rule ta

Original reporting by The Times of IndiaRead the full story

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