FM Nirmala Sitharaman clarifies UPI MDR charges won't affect consumers, hits out at opposition over misinformation

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The Economic Times India 1h

FM Nirmala Sitharaman clarifies UPI MDR charges won't affect consumers, hits out at opposition over misinformation

Finance Minister Nirmala Sitharaman stated Merchant Discount Rate charges will not be passed to consumers. She clarified these charges are between payment service providers for system improvement. Opposition parties were accused of spreading misinformation regarding the UPI MDR framework. Sitharama»»»

economictimes.indiatimes.com
Asian News International India 1h

MDR on UPI transactions will not be passed on to consumers: Nirmala Sitharaman

Chandigarh (Punjab) [India], September 21 (ANI): Union Finance Minister Nirmala Sitharaman on Monday emphasized that the Merchant Discount Rate (MDR) transaction charges on UPI payments will not be passed on to the consumers.The Finance Minister told ANI that she had spoken about the matter during »»»

aninews.in
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