‘Not a government issue’: FM Sitharaman explains where UPI MDR charge goes
finance minister Nirmala Sitharaman Union finance minister Nirmala Sitharaman on Friday clarified that the Merchant Discount Rate (MDR) on UPI transactions is not a government charge and will not burden consumers.Sitharaman clarified that consumers will not have to pay Merchant Discount Rate (MDR) charges on UPI transactions above Rs 2,000 and, rather it will be…