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Home50-Word EditIdeological outrage over MDR on UPI payments is misplaced, if not fake

Ideological outrage over MDR on UPI payments is misplaced, if not fake

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A tiny MDR on UPI payments has enraged the left, right and the Congress. All furious that some of this revenue will go to private fintechs, but also to American firms. This ideological outrage is misplaced if not fake, especially from the Visa/Mastercard-using classes. Merchants can’t get taxpayer-funded freebies.

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1 COMMENT

  1. 0.4%. That sounds very reasonable. Compare credit card charges. Or how much it costs guest workers ( all over the world ) to send money to their families back home.

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