TechSupreme Court plea challenges merchant discount rate on specified UPI person-to-merchant payments above ₹2,000
The Hindu reports that a public interest petition cites a lack of transparency and potential harm to merchants in challenging the Centre’s decision.
TLDR
The Hindu reports that a public interest litigation (PIL) petition has been filed in the Supreme Court challenging the Centre’s decision to impose a merchant discount rate (MDR) on specified UPI person-to-merchant transactions above ₹2,000. The petition cites a lack of transparency and potential harm to merchants.
Combined views
7.6K
1 Source, first seen 1d ago
Supreme Court plea challenges merchant discount rate on specified UPI person-to-merchant payments above ₹2,000
The Hindu reports that a public interest petition cites a lack of transparency and potential harm to merchants in challenging the Centre’s decision.
TLDR
The Hindu reports that a public interest litigation (PIL) petition has been filed in the Supreme Court challenging the Centre’s decision to impose a merchant discount rate (MDR) on specified UPI person-to-merchant transactions above ₹2,000. The petition cites a lack of transparency and potential harm to merchants.