"Will violate law, amount to criminal offence": Jyotiraditya Scindia says UPI MDR charges can never be passed on to consumers
New Delhi, Sept. 16 -- Union Minister for Communications Jyotiraditya M Scindia on Wednesday reassured consumers amid debates over digital payment fees, making it clear that any attempt by merchants to pass on the costs of the Merchant Discount Rate (MDR) on transactions done through Unified Payments Interface (UPI) to customers would violate the law and constitute a criminal offence.
Union Minister Scindia addressed queries regarding concerns that merchants might transfer a 0.4 per cent MDR transaction fee onto end-users. He emphasised that the government has neither recommended nor permitted any such levy on citizens.
"There is no recommendation to levy this on the customer. Doing so would violate the law and amount to a criminal offe...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.