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    <title>Flip News — digital payments news</title>
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    <description>The latest Flip News stories on digital payments.</description>
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    <lastBuildDate>Mon, 28 Sep 2026 11:23:20 GMT</lastBuildDate>
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      <title>India's Supreme Court refuses to stay 0.4% UPI merchant fee, seeks government reply</title>
      <link>https://flipnews.co.uk/business/india-supreme-court-upi-mdr-interim-stay-refused/</link>
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      <pubDate>Mon, 28 Sep 2026 12:00:00 GMT</pubDate>
      <description>The Supreme Court on Monday refused an interim stay on the Centre's 0.4% merchant discount rate on UPI person-to-merchant payments above Rs 2,000, issuing notices to the government, the RBI and NPCI.</description>
      <author>Priya Raman</author>
      <category>India</category>
      <category>Supreme Court</category>
      <category>UPI</category>
      <category>merchant discount rate</category>
      <category>digital payments</category>
      <category>RBI</category>
      <category>NPCI</category>
      <source url="https://economictimes.indiatimes.com/industry/banking/finance/sc-refuses-interim-stay-on-0-4-mdr-for-upi-merchant-payments-above-rs-2000-seeks-centre-rbi-npci-response-to-plea/articleshow/134535281.cms">The Economic Times</source>
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