New Delhi. National Payments Corporation of India (NPCI) has made an important announcement on Tuesday. Merchant Discount Rate (MDR) will now be applicable on select person-to-merchant (P2M) UPI transactions from October 15. Now politics has started regarding this. Congress President Mallikarjun Kharge has targeted the government regarding this.
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Congress President wrote on social media, now the loot of Modi government has reached UPI. “No fees on UPI” has now been changed to “No fees on UPI transactions up to ₹2,000”. The pockets of the common man are already empty due to skyrocketing inflation. Wholesale inflation is close to 10% and the BJP government has planned to destroy even their remaining savings by imposing “Digital Payments Tax” on the public.
Now the loot of Modi government has reached UPI. “No fees on UPI” has now been changed to “No fees on UPI transactions up to ₹2,000”.
The common man's pockets are already empty due to skyrocketing inflation. Wholesale inflation is close to 10% and the BJP government has imposed “Digital Payments Tax” on the public to save their remaining… pic.twitter.com/Fq63eLLFVp
— Mallikarjun Kharge (@kharge) September 15, 2026
Read :- Modi government quietly opened the way for imposing fees on UPI: Rahul Gandhi
See the biggest counterattack of the Modi government – 10 years ago the country's economy was shocked by demonetization. When questions were raised on the disastrous consequences of demonetization, the government had argued that demonetization was imposed to promote digital payments and cashless economy.
He further wrote, the Finance Minister had recently said in the Parliament that there will be no tax and charges on UPI, but according to several reports: – A possible recovery of ₹25 will be made on a transaction of ₹5,000 and up to ₹50 on a transaction of ₹10,000. Is this true? Talking about MDR, doesn't the government know that this additional burden on the trader will ultimately be recovered from the pocket of the common consumer through higher prices? Instead of providing relief to the people suffering from inflation, the Modi government is finding new ways to rob their pockets every day.
Let us tell you that National Payments Corporation of India (NPCI) has made an important announcement on Tuesday. Merchant Discount Rate (MDR) will now be applicable on select person-to-merchant (P2M) UPI transactions from October 15. Under this, merchants will have to pay 0.4% charge on transactions above Rs 2,000 and the maximum charge will be Rs 300 for payments of Rs 75,000 or more.