PIL challenges UPI merchant charges in Supreme Court

A Public Interest Litigation has been filed in the Supreme Court challenging the government's decision to impose charges on UPI merchant transactions exceeding ₹2,000. The petition contends that these new fees will have cascading effects on ordinary consumers, as businesses are likely to pass on the additional costs through price increases.

The new merchant discount rate (MDR) framework marks a significant shift in UPI payment policy. The Supreme Court will now examine whether the financial implications of this move align with consumer welfare objectives.