New Delhi, Sept. 16 -- The Ministry of Finance on Wednesday debunked the "external pressure" myth surrounding the revision in UPI transaction frameworks, clarifying that changes in regulations stem entirely from domestic priorities rather than foreign influence.

The Ministry firmly denied allegations that foreign actors shaped the recent policy decisions regarding merchant charges on high-value digital transactions.

"Debunking the 'External Pressure' Myth: Some claims suggest the change is due to foreign influence. This is false. India's UPI policy decisions are made independently, with the clear goal of building a self-sustaining, inclusive, and affordable digital payments ecosystem," the Ministry of Finance stated on X.

The governmen...