{"id":1036698,"date":"2026-09-18T09:52:56","date_gmt":"2026-09-18T04:22:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1036698"},"modified":"2026-09-18T10:09:31","modified_gmt":"2026-09-18T04:39:31","slug":"upi-row-govt-rejects-claims-of-us-pressure-cites-npci-circular-rupay-advantage-bharatpe-backs-move","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/18\/upi-row-govt-rejects-claims-of-us-pressure-cites-npci-circular-rupay-advantage-bharatpe-backs-move\/","title":{"rendered":"UPI row: Govt rejects claims of US pressure, cites NPCI circular, RuPay advantage; BharatPe backs move"},"content":{"rendered":"<p>The finance ministry on Thursday dismissed allegations that US pressure influenced the decision to levy a Merchant Discount Rate (MDR) on high-value UPI payments, citing the latest National Payments Corporation of India (NPCI) guidelines, which continue to offer an advantage to RuPay cards over international competitors. <\/p>\n<p>&#8220;The NPCI circular of September 15, 2026, does not allow credit transactions on UPI by any other credit card other than the RuPay credit card. There is a clear policy of only allowing RuPay credit card on UPI to enable RuPay credit card to become the preferred choice of credit card amongst users in India,&#8221; the department of financial services (DFS) wrote on X.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The finance ministry on Thursday dismissed allegations that US pressure influenced the decision to levy a Merchant Discount Rate (MDR) on high-value UPI payments, citing the latest National Payments Corporation of India (NPCI) guidelines, which continue to offer an advantage to RuPay cards over international competitors. &#8220;The NPCI circular of September 15, 2026, does not allow credit transactions on UPI by any other credit card other than the RuPay credit card. There is a clear policy of only allowing RuPay credit card on UPI to enable RuPay credit card to become the preferred choice of credit card amongst users in [&hellip;]<\/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":[83,4,22],"tags":[],"class_list":["post-1036698","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1036698","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=1036698"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1036698\/revisions"}],"predecessor-version":[{"id":1036711,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1036698\/revisions\/1036711"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1036698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1036698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1036698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}