MobiKwik CFO pushes modest UPI fees for high‑volume merchants
MobiKwik CFO Upasana Taku says zero merchant discount rate (MDR) on UPI is unsustainable for banks and payment firms, urging a modest charge for large merchants processing over ₹5‑9 million a month. She argues that without MDR, the cost of UPI infrastructure falls on the industry while big listed firms reap fee‑free benefits.