A top government official says there is “no question” of rolling back the 0.4% Merchant Discount Rate (MDR) applied to UPI transactions above ₹2,000. The official’s position is that the MDR continues to apply for eligible transactions, with no change announced in response to requests for reversal.
Both outlets frame the decision as part of broader measures affecting the UPI ecosystem. The Hindu notes that the MDR charge is imposed in the larger interest of strengthening safety and security within UPI, citing sources on the rationale behind the policy. India Today similarly reports the government stance, focusing on the lack of any rollback. Together, the reports indicate the MDR change remains in force, while the stated justification centers on system-level considerations rather than transaction-level complaints.
No details are provided in the excerpts on timing, enforcement, or whether any review process is underway. The disagreement, such as it is, lies mainly in emphasis: one outlet cites the ecosystem rationale more explicitly, while the other highlights the government’s no-rollback message.
