యూపీఐ ఛార్జీలపై భిన్నాభిప్రాయాలు

Merchant Discount Rate (MDR) charges on UPI transactions have sparked mixed opinions. While some are concerned that the charges could increase the burden on merchants and consumers, representatives of digital payment companies say the move could help make the UPI ecosystem more sustainable.

MobiKwik co-founder Upasana Taku said that as UPI transactions continue to grow, the cost of maintaining payment infrastructure is also increasing. She said MDR could help reduce the financial burden on banks and payment companies and further strengthen the digital payments ecosystem. PhonePe founder and CEO Sameer Nigam also supported MDR, saying the revenue could be used to maintain payment infrastructure and invest in expanding UPI.

However, ordinary consumers will not have to directly pay MDR under the new system. Person-to-person UPI transactions will continue to remain free. There will also be no MDR on merchant transactions of up to ₹2,000. A 0.4% MDR will apply to select merchant transactions above ₹2,000, with a maximum charge of ₹300 for transactions of ₹75,000 or more. The new system will come into effect from October 15.