Govt Sticks to 0.4% UPI Fee Despite Merchant Grumbling

The government is sticking to its guns with the 0.4% Merchant Discount Rate on UPI transactions over ₹2,000, starting October 15. While officials claim this is to keep UPI safe, merchants are less than thrilled, with only 17% willing to accept the fee. Users, on the other hand, want to keep their UPI transactions free and easy, so stay tuned for the drama ahead!