{"id":1027338,"date":"2026-08-08T08:50:58","date_gmt":"2026-08-08T03:20:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1027338"},"modified":"2026-08-08T09:16:17","modified_gmt":"2026-08-08T03:46:17","slug":"upi-mdr-row-is-the-us-trade-factor-behind-indias-digital-payments-debate-explained","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/08\/upi-mdr-row-is-the-us-trade-factor-behind-indias-digital-payments-debate-explained\/","title":{"rendered":"UPI MDR Row: Is the US trade factor behind India\u2019s digital payments debate? | Explained"},"content":{"rendered":"<p>Finance Ministry\u2019s move to introduce a Bill allowing banks and payment system providers to charge fees on UPI and RuPay debit card payments has drawn attention to a less visible but significant dimension: the \u201cTrump factor\u201d in India\u2019s digital payments policy. <\/p>\n<p>While the government has maintained that the amendment is aimed at creating a financially sustainable model for the UPI ecosystem, trade-policy experts have pointed out that the Trump administration has consistently pushed its trade partners to create a \u201clevel playing field\u201d in their digital transaction ecosystems.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finance Ministry\u2019s move to introduce a Bill allowing banks and payment system providers to charge fees on UPI and RuPay debit card payments has drawn attention to a less visible but significant dimension: the \u201cTrump factor\u201d in India\u2019s digital payments policy. While the government has maintained that the amendment is aimed at creating a financially sustainable model for the UPI ecosystem, trade-policy experts have pointed out that the Trump administration has consistently pushed its trade partners to create a \u201clevel playing field\u201d in their digital transaction ecosystems.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1027338","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1027338"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027338\/revisions"}],"predecessor-version":[{"id":1027371,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1027338\/revisions\/1027371"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1027338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1027338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1027338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}