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The Hindu

UPI and the cost of policy reversal

The government’s proposal to allow an MDR of 0.25–0.5% on UPI transactions above ₹2,000 reverses a decade-long policy; taxing the payment rail could weaken incentives for banks and fintechs to invest in UPI while undermining its role in…

Published by The Hindu 11 hours ago

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The government’s proposal to allow an MDR of 0.25–0.5% on UPI transactions above ₹2,000 reverses a decade-long policy; taxing the payment rail could weaken incentives for banks and fintechs to invest in UPI while undermining its role in…

Indian News is a news aggregator. The headline, this summary and the link are taken from The Hindu’s public news feed, which the publisher offers for exactly this purpose. Nothing has been rewritten, and no article text or photograph is stored on this site.

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