Home / Mumbai / Politics News / Article / Raj Thackeray calls UPI merchant fee a ‘digital trap’, asks traders to resist MDR

Raj Thackeray calls UPI merchant fee a ‘digital trap’, asks traders to resist MDR

He said the Centre first used demonetisation and subsequently UPI to encourage digital payments, creating a habit among citizens before introducing charges on certain transactions. He also questioned if merchants would absorb the 0.4 per cent MDR or pass the cost on to customers

  • WhatsAppBookmarkBookmark
Listen to this article :
MNS chief Raj Thackeray. File pic

MNS chief Raj Thackeray. File pic

Maharashtra Navnirman Sena (MNS) chief Raj Thackeray on Saturday accused the Union Government of laying a “digital trap” by introducing a Merchant Discount Rate (MDR) on specified Unified Payments Interface (UPI) transactions after the Centre had publicly said in 2022 that there was no consideration to levy charges for UPI services.

In a lengthy post on X, Thackeray said the Centre first used demonetisation and subsequently UPI to encourage digital payments, creating a habit among citizens before introducing charges on certain transactions.

Read Next Story
Sanjay Raut backs Congress leader Rahul Gandhi, says 'arrow has pierced BJP'

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All