Neutral impactSector

NPCI CEO Asbe says 10% of UPI value linked to non card merchants may face consumer pass through risk

Economic Times 1 hr ago·24 Sept 2026, 6:37 am

NPCI CEO Dilip Asbe said the 10% figure he cited in the context of UPI charges refers to the value associated with merchants that do not accept credit cards, where there could be a risk of charges being passed on to customers. The majority of MDR, he said, will come from existing credit-card accepting merchants who already pay MDR.

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