Merchant fees for UPI, a 200 crore property scam, and Air India mishap
Summary
This episode covers the government’s plan to charge merchants fees for high-value UPI and debit card transactions to sustain digital payment infrastructure. It also details a major real estate scam where a fraudster duped investors with forged documents for a confiscated Delhi property. Finally, the show reports that the pilot of an Air India flight involved in a recent turbulence incident tested positive for marijuana.
Topics discussed
Intro: UPI fees, Delhi property scam, and Air India incident
Government proposes fees for merchants on UPI and debit card transactions
UPI transaction volume and growth statistics since 2016
Removal of Merchant Discount Rate (MDR) in 2020
Infrastructure costs behind digital payment systems
Government subsidies vs actual cost of UPI infrastructure
Proposed MDR thresholds and impact on small merchants
High-value transactions and P2P vs P2M transaction values
Potential cost pass-through to consumers and market dynamics
Delhi property scam: Fake sale of exclusive Amrita Sher-Gil Marg home
Mohit Gogia's modus operandi and forged bank documents
Pattern of fraud: Selling same properties to multiple victims
Case study: Brahmsing Tanwar's loss of cars and land
Arrests and money laundering network involving Ram Singh
Air India pilot tests positive for marijuana after turbulence incident
Outro and credits
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