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Wire · regulatory

SC to Hear Plea Challenging 0.4% MDR on UPI Payments Above Rs 2000 on Monday

27 September 2026 · By · Wire by Fusion42

Published

27 September 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at pragativadi.com →

◆ Verified

Fusion42 · 27 September 2026 · Fusion42 review

The Supreme Court of India is scheduled to hear a plea challenging the 0.4% Merchant Discount Rate (MDR) imposed on UPI payments exceeding Rs 2,000. This case could impact the cost structure of digital payments in India significantly.

This Wire brief sits within Fusion42's coverage of Fintech, and 45 sources have reported it between 19 Jul 2026 and 5 Oct 2026.

◆ ◆ The Wire takeaway

The Supreme Court case on MDR could reshape UPI costs, forcing you to prepare for changes in transaction fees or customer charges in India’s payment market.

◆ Coverage

45 sources · first reported 19 Jul 2026 · latest 5 Oct 2026

◆ Related on Wire

◆ Topics

Fintechupimdrdigital-paymentsindiaregulation