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‘I don’t take critics like Ashneer Grover seriously’: PhonePe CEO Sameer Nigam responds to UPI MDR criticism

Source: Business Today

UPI’s proposed MDR on select transactions has triggered a fresh debate over the cost and sustainability of India’s digital payments ecosystem. PhonePe CEO Sameer Nigam defended the framework, while former BharatPe co-founder Ashneer Grover questioned the need to charge for UPI transactions.

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This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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