# UPI fee burden won't fall on consumers, govt plans to track merchants: Report

> The NPCI, which operates the UPI platform, issued a circular on September 15 introducing MDR for certain UPI transactions to create a sustainable revenue framework for the digital payments ecosystem.

- Published: 2026-09-18T06:32:31.502Z
- Updated: 2026-09-18T06:32:31.502Z
- 1 source
- Topics: Politics
- Involves: A 0.4 per cent MDR, America, Department of Financial Services (DFS), NPCI, PTI report, US Trade Representative's 2026 National Trade Estimate Report, circular on September 15 introducing MDR for certain UPI transactions, clarification in response to USTR observations, the government

## How it developed

- 2026-09-18T06:32:31.502Z - Hindustan Times: [UPI fee burden won't fall on consumers, govt plans to track merchants: Report](https://www.hindustantimes.com/india-news/upi-fee-burden-wont-fall-on-consumers-govt-plans-to-track-merchants-report-101789708445177.html)

Read it on FeedAtom: https://www.feedatom.com/stories/upi-fee-burden-won-t-fall-on-consumers-govt-3su2t6d5jlcdy03t50gbxkdf8