Payments Council of India Ask about this Research this Follow this 3 signals · Last mention 7/17/2026 Signals mentioning Payments Council of India 7/17/2026 Government weighs reinstating UPI MDR for large merchants at 5-7 basis points 7/16/2026 Centre weighs 0.5% MDR on UPI payments above Rs 2,000 for large merchants 5/27/2026 Fintechs push for 'safe harbour' shield as RBI scrutiny and tax probes rattle sector