SEO Summary: Finance Minister addresses concerns about UPI merchant payments MDR threshold
Why it Matters: Nirmala Sitharaman's clarification on UPI merchant payments MDR threshold
In a recent interview with PTI, Finance Minister Nirmala Sitharaman clarified the MDR (Merchant Discount Rate) threshold for UPI (Unified Payments Interface) merchant payments.
"The MDR threshold for UPI merchant payments has been clarified by Finance Minister Nirmala Sitharaman in an interview with PTI. The new framework has set the threshold at Rs 2,000, with a standard MDR of 0.4%.
The UPI transactions worth Rs 29,820 crore were processed in August 2026, according to NPCI data.
The MDR threshold is a topic of discussion among financial experts and the public, and the clarification by Sitharaman will help to address these concerns.
The clarification by Sitharaman will help to address the concerns raised by financial experts and the public regarding the MDR threshold for UPI merchant payments.
The clarification by Sitharaman will help address the concerns raised by financial experts and the public regarding the MDR threshold for UPI merchant payments.
The clarification by Sitharaman will help address the concerns raised by financial experts and the public regarding the MDR threshold for UPI merchant payments.
Finance Minister Nirmala Sitharaman has clarified the MDR threshold for UPI merchant payments in an interview with PTI.