'Someone has to pay… RBI Guv Sanjay Malhotra on possible fee for UPI payments above Rs 2,000
WATCH! What RBI Guv Malhotra said on possible MDR for transactions after payments act amendment as reporter asked Reporter asks RBI governor, “Sir yesterday the government has made some amendments to the payments act. Now you there is chatter that there could be you know government may levy uh MDR on certain transaction whether above 2,000 rupees or it could use that on large retailers with you have earlier mentioned how you know there somebody has to bear a cost for this public infrastructure you know utility. I want to understand from RBI, will we look at transaction size? Will we target certain retailers? What is the strategy going ahead? if you can share some views on this front sir and last time sir you had said that the upper year list of NBS will come out very soon. So how soon will it come?”
