Supreme Court will hear a plea challenging Centre's decision to impose MDR on specified UPI transactions over Rs 2,000

The Supreme Court will hear a plea against the Centre's new MDR on UPI merchant payments above Rs 2,000. The case questions the legal basis, classification and likely impact on merchants and digital users.

Daijiworld Media Network - New Delhi New Delhi, Sep 27: The Supreme Court will on Monday, September 28, hear a plea challenging the Centre's decision to impose a Merchant Discount Rate (MDR) on specified UPI person-to-merchant transactions above Rs 2,000, in a move that could test the legal basis of the new payment ch.....