UPI MDR Charges: Supreme Court Questions Legal Basis of New Merchant Fee
Posted on September 28, 2026
The Supreme Court’s questions have added a new dimension to the debate on UPI MDR charges regarding the legality and rationale of the Merchant Discount Rate (MDR) charged for some high-value UPI transactions made by merchants. On 28 September 2026, the Supreme Court rejected an interim stay on the newly proposed framework by the government […]