BharatPe Backs New UPI MDR Framework, Distances Itself from Ashneer Grover’s Critique
BharatPe has endorsed the new UPI merchant transaction framework, saying it supports a more sustainable digital payments model while keeping UPI free for consumers and shielding small merchants from undue cost pressure. The company also clarified that former co-founder Ashneer Grover’s criticism reflects his personal views, not the firm’s position, as debate intensifies over how India should fund the next phase of UPI growth.
