Wire · operational-macro
Rs 91,800 crore flows through Hyderabad's UPI channels: Congress flags impact of higher MDR
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Fusion42 · 23 September 2026 · Fusion42 review
Hyderabad recorded Rs 91,800 crore in UPI transactions in a month, with Congress highlighting that higher Merchant Discount Rate (MDR) fees on high-value transactions threaten local wholesale, retail, and supply chain businesses. The Telangana Pradesh Congress Committee demands rollback of MDR charges, transparency on fee distribution, and protections for small merchants.
This Wire brief sits within Fusion42's coverage of Fintech, and 27 sources have reported it between 15 Sep 2026 and 5 Oct 2026.
◆ ◆ The Wire takeaway
You face new cost pressures that will raise the price of digital transactions and squeeze merchants with thin margins. This is an urgent moment to reassess how your business absorbs fee increases or pivots to alternative payment models.
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27 sources · first reported 15 Sep 2026 · latest 5 Oct 2026
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