Selective UPI MDR Will Need Reliable Merchant Intelligence, Not Just a Pricing Rule

As India reopens the UPI economics debate, the implementation challenge will be identifying, classifying and treating merchants fairly BANGALORE, India, Aug. 21, 2026 /PRNewswire/ — At CARD91, we believe the UPI MDR debate must go beyond pricing. Any selective framework will require accurate merchant verification, consistent classification and ongoing risk visibility to protect legitimate…