New Delhi, Sept. 15 -- Leader of the Opposition in the Lok Sabha Rahul Gandhi criticised the BJP-led central government, saying that it has surrendered to pressure from American payment corporations by reportedly initiating the process of imposing charges on UPI.

In an X post, Gandhi argued that while the government claims consumers will not be charged directly, permitting a Merchant Discount Rate (MDR) on merchant transactions above Rs 2,000 will ultimately lead to higher retail prices.

"The Modi government has quietly opened the door to imposing fees on UPI. Now, MDR can be levied on merchant UPI transactions above Rs 2,000. Even if these transactions account for just 5% of the volume, they make up nearly 65% of UPI's total transactio...