Now that UPI payments are charged, will the customer get Zero liability protection / Chargeback frameworks? Or are we paying just because it's easy to collect a new fee (like STT?)
NPCI
@NPCI_NPCI
Sep 15
Regarding Merchant Discount Rate (MDR) on Select UPI (P2M) Transactions Please refer to the FAQs here: npci.org.in/uploads/FA_Qs_Me…

Sep 15, 2026 · 1:45 PM UTC

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Replying to @Prashanth_Krish
What ya? You are expecting so much ya?
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am a dreamer Sir :)
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more replies
Replying to @Prashanth_Krish
UPI already has chargeback mechanisms. @grok Do share details
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Replying to @Prashanth_Krish
Heads they win, tails it's not their problem.
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Replying to @Prashanth_Krish
Iif you remember a banking transaction tax was talked about in demonetisation time frame
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Replying to @Prashanth_Krish
Desperate for that but I do not believe such will happen. But it is ridiculous that the overall ecosystem around it is so poor
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Replying to @Prashanth_Krish
I like this joke.
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Replying to @Prashanth_Krish
Cash cow only
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Replying to @Prashanth_Krish
Bro we are just cattle bro Cattle doesn’t ask for AC in stable
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Replying to @Prashanth_Krish
Good q
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