The Economic Times

BharatPe backs new UPI MDR framework, distances itself from former CEO Ashneer Grovers criticism

BharatPe supports the new UPI merchant transaction framework. The company clarified co-founder Ashneer Grover's views are his own. This new framework aims to improve digital payment economics sustainably. It will keep UPI free for consumers and protect small merchants. The changes will affect only a small percentage of person-to-merchant transactions.