{
  "id": 9727132,
  "title": "‘Not a government issue’: FM Sitharaman explains where UPI MDR charge goes",
  "url": "https://urgent.news/2026/09/25/not-a-government-issue-fm-sitharaman-explains-where-upi-mdr-charge",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T07:07:54.000Z",
  "source": {
    "name": "Times of India",
    "slug": "times-of-india",
    "url": "https://timesofindia.indiatimes.com/business/india-business/not-a-government-issue-fm-sitharaman-explains-where-upi-mdr-charge-goes/articleshow/134476079.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "Nirmala Sitharaman clarified that there will be no Merchant Discount Rate (MDR) charged by the government on UPI transactions. She reassured consumers that for transactions over Rs 2,000, the MDR will be covered by merchants and banks. According to NPCI’s Dilip Asbe, a significant 75 percent of UPI transactions remain unaffected by MDR. Most fees originate from larger businesses that incur higher…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}