If or when I next become happy in this life I am never going to take it for granted because it is so so fleeting. Growing up I always wanted to be rich but now I just want to be happy.
Few allegations are in the media that the MDR has been introduced because of external pressure. They are giving reference to US Trade Representative (USTR) report of 2026. The USTR report has raised the following two issues:
(i) Inability of US electronic payment services suppliers to participate in the UPI ecosystem, including credit transactions on UPI, on a level playing field with RuPay.
✅ Reality:
The NPCI circular of 15.9.2026 does not allow credit transactions of UPI by any other credit card other than RuPay credit card. There is a clear policy of only allowing RuPay credit card on UPI to enable RuPay credit card to become the preferred choice of credit card amongst users in India.
(ii) NPCI market-share limitation of 30 per cent for third-party application providers (announced November 2020; enforcement date December 2026)
✅ Reality:
Although, NPCI had mandated market share limitation of 30 per cent for third-party application providers in November 2020, however, this mandate could not be implemented because companies other than the market leaders could not compete in absence of self-sustaining revenue model. Introduction of MDR on select high-value transactions will provide a self-sustaining revenue model to smaller companies to compete for higher share in the UPI ecosystem. Thus introduction of MDR has been done with the intention of allowing more domestic companies to expand their operations.
2.Contrary to misleading claims made that MDR has been introduced under external pressure, introduction of MDR on select high-value transactions will enable more domestic companies to operate under UPI. Thus, the action of introduction of MDR is a step in protecting India’s sovereignty in Electronic payment ecosystem.
3.Government of India has promoted RuPay credit and debit cards to show that people have a strong domestic alternative. In order that the RuPay credit cards continue to grow, the debit card has been kept free of MDR.
The allegation that MDR has been introduced under any external influence is patently false and misleading.
#UPI
Happy birthday to the man who has done so much for India and made us proud globally with his brilliance as well as his humour. He is undoubtedly one of the greatests India has ever produced.
Happy birthday @ashwinravi99
VIDEO | Madhya Pradesh: Over 25 lakh diyas to illuminate the Shipra ghats in Ujjain during Deepotsav to mark Prime Minister Narendra Modi's 76th birthday on September 17.
Collector Roshan Kumar Singh says, "Tomorrow evening at 7.00 pm on September 17, a grand festival of lights (Deepotsav) will be held along the banks of the Shipra River and throughout the Mahakal Corridor. Over 2.5 million oil lamps (diyas) will be illuminated during this grand event, showcasing a remarkable example of public participation. More than 30,000 volunteers are actively contributing to the effort. Grid markings have already been drawn along the riverbanks, the lamps have been delivered, and volunteers are placing wicks in them, creating a truly spectacular sight. Roughly 30,000 people will participate in the lamp-lighting ceremony. Following the illumination of the lamps, a major highlight will be a grand cultural evening..."
(Full video available on PTI Videos - https://t.co/26xvxD4GVj)
The sole reason of BJP's arrogance is there are lot of people like u still trapped in the IT cell & godi media's narrtives against rahul gandhi
Saying Rahul Gandhi lacks what it takes ignores the fact that he is the one consistntly raising real issues and fighting for democracy
Government has passed an official order asking teachers to light ‘at least 100 diyas’ to honour Modi ji on his bday. He is so narcissistic that he doesn’t consider himself human anymore.
Full on North Korea Vibes. Shame.
Just over a year ago @FinMinIndia rubbished claims of MDR charges as “false, baseless & misleading” & “sensation-creating speculation” . Nobody, but nobody does lies, lies & more lies better than @BJP4India ‘s government.
I was searching for something related to UPI and MDR (to check what @deepakshenoy has said in the past about MDR) and found this on a govt website.
https://t.co/wA40mbRBXy
lol more proof that when the govt says something, usually the opposite it true. Took about a year...
RTGS usually costs 50 Rs Plus GST and it is only above transactions above 2 lakhs.
NEFT usually costs 15 Rs. plus GST.
In comparison,
For a UPI of Rs 75000 I will have to pay Rs 300 to the govt.
Naked robbery at 0.4%.
Yeh Chaiwala Pura Middle class ko Loot k hi manega.
Guys.. UPI is NOT becoming paid for you directly 😃
If you go to a restaurant and your bill is ₹5,000, you scan the QR and pay ₹5,000 only.
You don't have to pay ₹5,020.
That 0.4% MDR is on the merchant side, not on you as a customer.
And if you are sending ₹5,000 or ₹50,000 to a friend/family member through UPI, this MDR doesn't apply there either.
So relax.. scan karo, pay karo 😂