Merchants can’t pass on MDR charges to customers, NPCI tells Supreme Court
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 platform fees or other charges on users for making payments through the Unified Payments Interface (UPI).
