Guwahati, Sept. 28 -- The Supreme Court has declined to put the Centre's new framework for Merchant Discount Rate (MDR) on UPI transactions on hold for now, while seeking a detailed response from the government.

A Public Interest Litigation (PIL) filed by advocate Anjan Datta challenges the proposed 0.4% MDR on specified merchant transactions above Rs 2,000. The charges are scheduled to take effect from October 15.

Datta has asked the court to quash notifications issued by the Centre on September 14 and 15 that provide for charges on commercial UPI transactions exceeding Rs 2,000.

A bench comprising Chief Justice of India Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi issued notice to the Centre and asked it to place the ...