PIL in Supreme Court challenges charges on UPI payments above Rs 2,000
AI Summary
A Public Interest Litigation (PIL) has been filed in the Supreme Court challenging the Centre’s decision to allow Merchant Discount Rate (MDR) on certain UPI payments to merchants above Rs 2,000. The petitioner argues that the new fee structure is arbitrary and could ultimately increase costs for consumers and businesses , according to a Bar and Bench report. Advocate Anjan Datta filed the petition against the Union government, the Reserve Bank of India (RBI), the National Payments Corporation o
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