The proposed Merchant Discount Rate (MDR) on UPI transactions above ₹2,000 could place an additional financial burden on small traders, merchants and ordinary consumers. At a time when digital payments need to remain accessible and affordable, additional transaction charges should not become a burden on the public.

Our key demands:

• Withdraw the proposed MDR charges on UPI merchant transactions.

• Do not impose additional financial burdens on small traders and merchants.

• Keep UPI affordable and easily accessible to the public.

• Hold consultations with traders, consumers and public representatives before introducing any new charges.

Digital payments should serve the people — not create additional financial burdens!

Dr. Totakura Hareesh Swamy Kumar

National Secretary,

National Spokesperson

Socialist Party (India)