SENSEX
NIFTY
GOLD
USD/INR

Weather

image 43    C

Economy News

The Economic Times

Economy / The Economic Times

details

UPI MDR could raise business costs, hurt consumption if introduced: Experts

Experts suggest focusing on who bears UPI merchant discount rate costs. Introducing this fee could increase business operating expenses and squeeze margins. Small merchants and kirana stores may face significant challenges with this change. UPI's success as a public digital infrastructure is at stake. Policymakers must balance sustainability with UPI's broader economic and strategic value.

18 Jul 2026 1:13 pm