BharatPe Supports UPI MDR Charges, Distances Itself From Former CEO’s Criticism
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AI-generated summary of the coverage listed below: BharatPe has confirmed its support for the UPI merchant discount rate (MDR) policy, stating that 96% of transactions remain free. The company clarified that former CEO Ashneer Grover’s criticism of the MDR policy is his personal view and does not reflect the firm’s stance. BharatPe also noted that it has had no ties with Grover since 2024, emphasizing its independent position on the issue. QUOTE: "No ties with him since 2024" — DNA India
Covered by 2 outlets across the spectrum: 0% left, 100% center, 0% right.
Who is covering this story
- Center (2): DNA India, Hindustan Times