The Supreme Court is set to hear on Monday a petition challenging the imposition of Merchant Discount Rate (MDR) on UPI payments above ₹2,000. The plea questions the legal basis and the framework for the new fee regime, which is scheduled to take effect from October 15.
The petition targets a Centre notification dated September 14 and an MDR framework announced on September 15. The petition is filed by advocate Anjan Datta and challenges the notification and the proposed implementation timeline. While both outlets report the scheduled hearing and the same core challenge—MDR applicability to high-value UPI transactions above the stated threshold—the coverage focuses on different parts of the administrative timeline: one highlights the immediate court hearing and the question of legal authority for the MDR, while the other details the specific dates of the Centre’s notification and framework announcement.
Sources agree that the court hearing is the next step in determining whether the MDR requirement for such UPI transactions can proceed as notified.
