Supreme Court Refuses Stay on UPI MDR Above ₹2,000
By United One News · AI-generated summary of 9 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below:
The Supreme Court denied a stay on the 0.4% merchant discount rate for UPI payments over ₹2,000, while asking the Centre, RBI, NPCI and UPI Steering Committee to respond.
- The court rejected the petition to halt the fee for transactions above ₹2,000.
- It ordered the Centre, RBI, NPCI and UPI Steering Committee to submit affidavits within four weeks.
- The rollout of the fee is scheduled to begin on October 15.
Covered by 9 outlets across the spectrum: 0% left, 56% center, 44% right.
How each side framed it
Center: The centre‑tagged sources highlighted the court’s decision to deny a stay and the request for government and RBI responses. (AI-generated summary of how this side framed it)
SC refuses to stay MDR on transactions above ₹2,000
Right-leaning: The right‑tagged sources emphasized the court’s refusal to intervene and the continued plan for the fee rollout. (AI-generated summary of how this side framed it)
Supreme Court refuses to stay Centre's decision to impose MDR on specified UPI payments, seeks responses
Left-leaning outlets have under-covered this story. Of 9 outlets, only 0 are on the left of the spectrum.
Timeline
First reported by India TV English on ; 9 articles from 9 outlets so far.
Who is covering this story
- Center (5): The New Indian Express, The Hindu BusinessLine, ABP Live English, YourStory, Deccan Herald
- Right-leaning (4): India TV English, Deccan Chronicle, Times Now, India Today
Sources
- Supreme Court refuses to stay Centre's decision to impose MDR on specified UPI payments, seeks responses — India TV English (right-leaning) ·
- SC Seeks Centre, RBI Response On UPI MDR Challenge — Deccan Chronicle (right-leaning) ·
- SC refuses to stay fee on UPI transactions above Rs 2,000, seeks Centre’s response — The New Indian Express (center) ·
- UPI Charges To Stay: SC Refuses To Intervene On 0.4% MDR Above Rs 2,000, Seeks Centre’s Affidavit — Times Now (right-leaning) ·
- SC refuses to stay MDR on transactions above ₹2,000 — The Hindu BusinessLine (center, AI-estimated) ·
- Supreme Court Questions Centre And RBI On UPI MDR Fee, Refuses Stay On Rollout — India Today (right-leaning) ·
- Supreme Court Declines Stay On October 15 UPI Charges, Issues Notices To Centre, RBI, NPCI — ABP Live English (center) ·
- UPI MDR: SC seeks responses from Centre, RBI — YourStory (center) ·
- Supreme Court seeks Centre's affidavit on UPI charges above Rs 2,000; refuses stay on MDR directive — Deccan Herald (center) ·