Entity National Payments Corporation of India

National Payments Corporation of India (NPCI), the organisation operating major retail payment systems including UPI.

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An Instagram reel shows Ashneer Grover criticising new UPI charges. Official guidance confirms selective 0.4% merchant MDR from 15 October 2026, while U.S. records also document longstanding concerns about India’s payment policies and ongoing digital-trade negotiations; that makes U.S. pressure relevant context, but available evidence does not establish that Washington caused the MDR change or…

Open Post: Ashneer Grover’s UPI-charge criticism highlights selective MDR shift amid documented U.S. payment-policy concerns