"UPI protects small businesses, far bigger than Visa": Rajeev Chandrasekhar counters Rahul Gandhi on MDR row
Thiruvananthapuram, Sept. 17 -- Keralam BJP president Rajeev Chandrasekhar slammed Lok Sabha Leader of Opposition Rahul Gandhi over his criticism regarding Unified Payments Interface (UPI) transaction charges, asserting that the government's updated framework safeguards small businesses and everyday consumers while maintaining India's digital payment ecosystem as the world's most cost-effective network.
Clarifying the nature of the regulatory mechanism concerning Merchant Discount Rate (MDR) charges, Chandrasekhar said that the arrangement has been designed to sustain digital infrastructure without burdening ordinary users or small-scale merchants.
"It is simply a new dispensation brought forth by the minister and the government that es...
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