Supreme Court hearing challenges 0.4% UPI merchant fee
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AI-generated summary of the coverage listed below: A petition was filed in the Supreme Court by advocate Anjan Datta challenging the government's 0.4% merchant discount rate on UPI transactions over ₹2,000. The plea questions the transparency of the fee and the constitutional validity of the amended Section 10A of the Payment and Settlement Systems Act, 2007. It seeks to halt the charge, arguing it affects all citizens and lacks proper safeguards.
Covered by 3 outlets across the spectrum: 0% left, 67% center, 33% right.
Who is covering this story
- Center (2): DNA India, Mint
- Right-leaning (1): Deccan Chronicle
Sources
- PIL Challenges MDR on UPI Transactions — Deccan Chronicle (right-leaning)
- PIL filed in Supreme Court against govt charges on merchant UPI transactions — DNA India (center)
- First legal challenge against UPI MDR filed in Supreme Court — Mint (center)