1. Rahul Gandhi slams Centre over possible UPI charges on high-value transactions

Rahul Gandhi slams Centre over possible UPI charges on high-value transactions

India

  • Rahul Gandhi accused the Centre of opening the door to MDR charges on UPI merchant payments above ₹2,000.
  • A September 14 notification protects UPI transactions up to ₹2,000 from direct or indirect charges.
  • Gandhi said merchants could pass the cost to consumers despite the government saying customers would not be charged.
  • He alleged the move came after pressure from US payment companies opposing India’s zero-MDR policy.

Source: moneycontrol.com

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