Parliament

Will you have to pay to use UPI? FM Sitharaman clarifies who bears MDR

· 7 August 2026 · 2 min read
Will you have to pay to use UPI? FM Sitharaman clarifies who bears MDR

The Times of India has reported a new India-focused parliament development: “Will you have to pay to use UPI? FM Sitharaman clarifies who bears MDR.” The publisher's feed describes the story as follows: <![CDATA[In a recent statement, Finance minister Nirmala Sitharaman emphasized that UPI transaction charges will be applicable to merchants rather than customers. She explained that any Merchant Discount Rate (MDR) imposed would be instrumental in enhancing the digital payment ecosystem. Followi

Original reporting by The Times of IndiaRead the full story

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