UPI MDR: PCI fact-checks Kerala Congress' ₹146 claim on ₹30,924 diesel payment, says charge is ₹5

Mint - Sep 17, 2026

The Payments Council of India disputes Kerala Congress's claim that a 0.4% UPI merchant discount rate on fuel payments affects petrol pump operators' margins, clarifying that a flat MDR of ₹5 applies instead to transactions over ₹2,000, not a percentage-based rate.

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