Finance Ministry Debunks False Claims on UPI MDR Charges
New Delhi — The Ministry of Finance has firmly refuted widespread rumors suggesting that a Merchant Discount Rate (MDR) would soon be imposed on Unified Payments Interface (UPI) transactions. Calling such reports “completely false, baseless, and misleading,” the ministry’s official statement on June 11, 2025, aimed to calm growing public concern and reinforce the government’s […]
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