From The Tribune
Center Owned by The Tribune TrustMerchants can’t pass on MDR charges to customers, NPCI tells Supreme Court
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 2 outlets
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 · 2 outlets
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…
RSS excerpt
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…