The Centre's decision to impose a merchant discount rate (MDR) on UPI payments above ₹ 2,000 made to merchants has sparked a heated debate online. On social media, thousands of people have raised concerns that the MDR would eventually be passed on to customers, increasing the cost of everyday purchases. Bengaluru-based entrepreneur Siddharth Dialani said as much in an X post shared yesterday. Bengaluru-based entrepreneur Siddharth Dialani argued that customers will eventually end up paying the UPI MDR instead of merchants. | Trending
