India's Finance Ministry firmly dismisses allegations of US interference regarding new UPI Merchant Discount Rate policies. The updated payment framework strategically elevates RuPay credit cards within UPI transactions while maintaining neutral treatment across all domestic payment networks. This initiative reinforces India's commitment to building an independent, competitive digital payments sector with sustainable revenue mechanisms. Exemptions protect small-scale merchants and essential transactions from additional charges, underscoring the government's focus on inclusive financial infrastructure.

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