Last Updated: October 16, 2026

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  • Tag: Department of Financial Services

    UPI sustainability: Govt weighs MDR on select transactions, tiered incentive plan

    New Delhi: The government is considering restoring the merchant discount rate (MDR) on certain high-value UPI transactions or introducing a tiered incentive structure to gradually reduce government support for the digital payments ecosystem, the Finance Ministry has told a Parliamentary panel. DFS Examining Two Options for UPI Ecosystem In a reply to the Parliamentary Standing.