Socialist Party (India) strongly opposes the proposed 0.4% MDR charges on UPI transactions

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Totakura Hareesh Swamy Kumar

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Sep 17, 2026, 9:33:40 AMSep 17
to Sandeep Pandey, Surabhi Agarwal, socialist-...@googlegroups.com
*Socialist Party (India) strongly opposes the proposed 0.4% MDR charges on UPI transactions*
                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)*

Madan Lal Hind

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Sep 17, 2026, 11:19:53 AMSep 17
to Totakura Hareesh Swamy Kumar, Sandeep Pandey, Surabhi Agarwal, Socialist Party
धन्यवाद साथी संदीप पाण्डेय जी।

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