Ashneer Grover Opposes MDR on UPI Payments, Calls it 'Regressive'

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Business and Finance

8 August 2026 at 4:02 am

Ashneer Grover Opposes MDR on UPI Payments, Calls it 'Regressive'

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Summary

Ashneer Grover has voiced strong opposition to the potential implementation of Merchant Discount Rate (MDR) on UPI payments. He describes such a move as a 'regressive' step that could hinder the growth of India's digital payment ecosystem.

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