India·Source-based summary

If neither a tax nor fee, what is this‘expropriation’, SC asks govt. on UPI merchant discount rate

Apex court refuses repeated pleas by petitioner to grant an interim stay, but issues notice to the Union of India, the Reserve Bank of India, and the National Payments Corporation of India

This is a source-based summary, not original reporting by Ebenezer journalists. Source: The Hindu. Ebenezer published 28 Sept 2026, 02:56 pm. Editorial policy.

Read the original report on The Hindu →

The Hindu28 Sept 2026, 02:56 pmUpdated 1h ago1 min readIndiaIndia

India — The Hindu

If neither a tax nor fee, what is this ‘expropriation’, SC asks govt. on UPI merchant discount rate

Apex court refuses repeated pleas by petitioner to grant an interim stay, but issues notice to the Union of India, the Reserve Bank of India, and the National Payments Corporation of India

This report is published with credit to The Hindu. The wire sent a summary; open the original for any extra context. Read on The Hindu →

Source: The Hindu. Published 28 Sept 2026, 02:56 pm.

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