Splitting UPI payment to sidestep MDR? No daily cap for nowUnder the framework effective October 15, regular merchant payments above Rs 2,000 will attract a 0.4% merchant discount rate (MDR), capped...
19 Sep, 2026, 06.00 AM IST
New-age brokers Groww, Zerodha, others to write to Sebi on UPI MDR: SourcesThe representation from brokers is likely to propose capping the charge at Rs 5 instead of Rs 300, raising the zero-MDR threshold from Rs 2...
17 Sep, 2026, 06.42 PM IST
UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to knowUPI Payment: UPI transactions of up to Rs 2,000 will continue to be free for users. A new Merchant Discount Rate (MDR) will be introduced f...
17 Sep, 2026, 05.21 PM IST
Zero MDR charge: 7 UPI transactions where you don't need to pay any feeStarting from October 2026, a new Merchant Discount Rate framework will be introduced for specific UPI transactions. This framework is desi...
17 Sep, 2026, 05.21 PM IST
New UPI MDR Explained: Impact on mutual funds, brokers & investorsThe implementation of a new 0.02% merchant discount rate will influence certain UPI transactions, including one-time contributions to mutua...
17 Sep, 2026, 06.35 AM IST
UPI MDR could create Rs 27,000 crore revenue pool by FY28: BernsteinA 40-basis-point MDR on UPI transactions could create a large revenue pool. Issuing banks and UPI apps will receive substantial portions of...
17 Sep, 2026, 01.13 AM IST
ETtech Explainer: Who pays MDR on UPI and who does notStarting on October 15, banks and payment applications will begin earning revenue from select merchant UPI transactions. Transactions under...
16 Sep, 2026, 08.11 PM IST
UPI MDR explained for investors: How will new charges impact your mutual fund SIPs and stock investments?From October 15, MDR will apply to select UPI person-to-merchant payments above Rs 2,000, but not to all such transactions. UPI AutoPay and...
16 Sep, 2026, 07.47 PM IST
UPI Charges Explained: Will you pay a fee for Rs 2,000+ UPI payments? Government clarifies what users need to knowUPI Payment Charges Rules: Ordinary UPI users will not pay transaction fees for payments above Rs 2,000. Person-to-person UPI transactions ...
15 Sep, 2026, 08.43 PM IST
“Whether we leave anyone behind”: Sameer Nigam’s blueprint for PhonePe’s second decadeAt Global Fintech Fest 2026, PhonePe founder‑CEO Sameer Nigam framed the company’s first ten years as the construction of India’s financial...
11 Sep, 2026, 08.00 PM IST
PhonePe's Rs 100 daily RD: How it works; app also adds FD investment optionWith its latest feature, PhonePe now allows users to easily invest in daily recurring deposits via its user-friendly app. Starting investme...
06 Aug, 2026, 05.20 PM IST
Rs 299 auto-debit you never signed up for? How that free 7-day trial can lead to UPI mandate for recurring debit - how to track these and revoke if neededOn the Google Play community page, a user recently shared a similar experience. They said, “I took a Rs 1 trial on Moj app, but Rs 699 was ...
02 Jul, 2026, 07.45 AM IST
UPI Autopay volume doubles in a year, NPCI launches portal for e-mandate managementUPI Autopay is experiencing rapid growth. Recurring payments via UPI Autopay have doubled in the last year. This surge is fueled by increas...
25 Dec, 2025, 03.51 PM IST
Mirae Asset Mutual Fund launches UPI AutoPay mandate“At Mirae Asset one of our foremost principles is Clients First approach, we have always believed in providing our investors with efficient...
09 Nov, 2023, 10.11 AM IST
UPI AutoPay: Tata Mutual Fund to offer SIP via UPI AutopayAccording to a news release published by CAMS, TATA Mutual Fund has enabled one-time and recurring payments on their digital properties via...
16 Jul, 2022, 01.25 PM IST
Third-party apps turn on UPI autopay modeAutopay allows users to make recurring transactions below Rs 5,000 through UPI apps. Most of these currently take place through card-based ...
07 Sep, 2021, 06.36 AM IST
NPCI launches UPI AutoPay feature for recurring paymentsMany organisations, including Axis Bank, Policybazaar, Razorpay, Timesprime, PayUIndia, among others will be providing the option of UPI Au...
23 Jul, 2020, 11.00 AM IST