Govt may consider MDR exemption for UPI payments at petrol pumps: Report

The government may consider exempting certain UPI transactions from MDR, including petrol pumps, Moneycontrol reported citing sources. "The Department of Financial Services is likely to examine the representation seeking relief for petrol pumps," the source said. This comes after the All India Petroleum Dealers Association wrote to Finance Minister Nirmala Sitharaman seeking an exemption from MDR.