New Delhi, Sept. 17 -- The Securities and Exchange Board of India (Sebi) will look into concerns raised by stockbrokers over the merchant discount rate (MDR) on UPI transactions, chairman Tuhin Kanta Pandey said on Thursday, signalling a possible review of an additional cost that could affect the economics of digital fund transfers in the securities market.

"I think there are some important issues there. We will certainly look into it and see how we can ease them," Pandey said on the sidelines of the National Bank for Financing Infrastructure and Development (NaBFID) - Infrastructure Conclave 2026 on Thursday.

The chairman's comments come after the National Payments Council of India (NPCI) on Tuesday introduced a charge on UPI payments ...