‘Have a spine’, roll back charges on UPI payments, Rahul Gandhi to Modi
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Opposition leader Rahul Gandhi on Wednesday demanded that the Union government roll back charges on Unified Payments Interface transaction, urging Prime Minister Narendra Modi to “have a spine” and “stop lying down in front of the United States”.
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Gandhi alleged that the prime minister had “taxed” every Indian to give a “huge amount of money” to the US.
On Monday, the Union government said that UPI transactions to merchants valued above Rs 2,000 will attract a merchant discount rate of 0.4%.
Merchant discount rate is a fee charged to businesses by banks to cover the costs of processing transactions. The rate typically ranges between 1% and 3% of the transaction value for credit card payments and can be up to 0.9% for debit card transactions.
Modi ji, roll back the UPI tax. Now. pic.twitter.com/IIt46zMgCG
— Rahul Gandhi (@RahulGandhi) September 16, 2026
Congress MP Jairam Ramesh questioned whether the move was a means to allow United States’ card companies to compete with UPI payments in the Indian market.
“The Modi government has given into a US demand to get rid of zero [merchant discount rate] and charge for UPI,” Ramesh said in a social media post. “The US trade representative earlier this year criticised UPI for being free and having driven out visa and mastercard.”
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