Merchant Discount Rate

Tag: Merchant Discount Rate

MDR on UPI Above ₹3,000? Finance Ministry and BJP Slam Congress’s "Rumor Factory"

2025-06-12 Ravi Mehta

A political controversy erupted after the Congress party accused the Modi government of planning to impose MDR (Merchant Discount Rate) on UPI transactions above ₹3,000. The Finance Ministry and BJP swiftly responded, calling the claims false, baseless, and misleading. This blog unpacks the full story, the fact-check, and the political reactions.

MDR on UPI Above ₹3,000? Finance Ministry and BJP Slam Congress’s "Rumor Factory"

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