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Supreme Court Sets Sept 28 Hearing on UPI MDR Plea

By ThePip DeskSupreme Court Sets Sept 28 Hearing on UPI MDR Plea

Supreme Court sets September 28, 2026, to hear a petition challenging Merchant Discount Rate charges on UPI transactions above Rs 2,000.

The Supreme Court of India has scheduled a hearing for September 28, 2026, to review a petition challenging the implementation of a Merchant Discount Rate on Unified Payments Interface transactions. The legal challenge focuses specifically on transactions that exceed Rs 2,000.

Petition Arguments and Background

Critics and petitioners argue that introducing these charges could negatively impact the widespread adoption of digital payments in the country. Digital payments in India have previously thrived under a zero-MDR policy.

Implications for the Digital Landscape

The court’s decision on this matter is highly anticipated by market observers. It could significantly influence the future landscape of digital financial transactions in India.

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