From The Pioneer
Center-Right Owned by The PioneerNPCI defends MDR charges in SC, says merchants can’t pass on them to customers
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 1 outlet
New Delhi: The National Payments Corporation of India (NPCI) has told the Supreme Court that the newly imposed charges on certain UPI transactions are justified and narrowly targeted, opposing a petition that claims the levy will burden ordinary citizens and small merchants. In an affidavit filed in…
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center · 1 outlet
Merchants cannot pass on Merchant Discount Rate (MDR) charges to customers under the revised UPI pricing framework, the National Payments Corporation of India (NPCI) has told the Supreme Court. In an affidavit filed in the top court, the NPCI submitted that UPI application providers cannot impose…
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right · 1 outlet
The National Payments Corporation of India (NPCI) has told the Supreme Court that merchants cannot pass on Merchant Discount Rate (MDR) charges to customers under the revised UPI pricing framework. The top court on September 28 had sought responses from the Centre and others, including the NPCI, on…
RSS excerpt
The National Payments Corporation of India (NPCI) has told the Supreme Court that merchants cannot pass on Merchant Discount Rate (MDR) charges to customers under the revised UPI pricing framework. The top court on September 28 had sought responses from the Centre and others, including the NPCI, on…
