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P2P PAYMENTS
Nithin Kamath says new UPI charges on investing, broking don’t make sense: 'I don't see how we can absorb this indefinitely'Zerodha CEO Nithin Kamath said the new UPI MDR framework may not make economic sense for investing and broking, where customers can transfe...16 Sep, 2026, 12.41 PM IST- Paytm wins, but ATM also wins! Why CMS Info Systems shares jumped 7% on UPI MDRCMS Info Systems shares rose on Wednesday after the government announced MDR on select UPI transactions above Rs 2,000, making the company ...16 Sep, 2026, 10.58 AM IST
- Yes Bank shares jump 4% as Citi, Morgan Stanley see lender as key beneficiary of new UPI charges. Earnings boost ahead?Yes Bank shares rose sharply on Wednesday after Citi and Morgan Stanley identified the lender as a key beneficiary of new MDR charges on se...16 Sep, 2026, 10.44 AM IST
- Paytm shares jump 7% as Jefferies, other brokerages raise target prices and earnings estimates after new UPI chargesPaytm shares surged over 7% after brokerages raised target prices following the introduction of MDR on select UPI transactions above Rs 2,0...16 Sep, 2026, 10.06 AM IST
- Paytm, MobiKwik, Pine Labs shares rally up to 6% after govt announces UPI fees above Rs 2,000. Why brokerages are bullishPaytm, MobiKwik and Pine Labs are likely to remain in focus after the government announced MDR on select UPI transactions above Rs 2,000. F...16 Sep, 2026, 09.27 AM IST
- UPI charges from October 15; Activate’s maiden fundHappy Wednesday! The NPCI has announced charges on select UPI merchant payments. This and more in today's ETtech Morning Dispatch.16 Sep, 2026, 08.00 AM IST
- NPCI announces MDR for UPI; merchant transactions above Rs 2,000 to attract 0.4% chargeWhile NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating und...15 Sep, 2026, 11.32 PM IST
- RBI backs MDR on large-value UPI transactions, says could help expand UPI acceptanceThe Reserve Bank of India supports Merchant Discount Rate on large UPI transactions. This move aims to ensure the long-term sustainability ...15 Sep, 2026, 10.50 PM IST
- UPI MDR seen as sustenance fee, not windfall; small merchants remain shieldedA new merchant discount rate will fund UPI's expanding infrastructure costs. Large value person-to-merchant transactions above two thousand...15 Sep, 2026, 10.44 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 up to Rs 2,000 will remain free for all users. A new Merchant Discount Rate (MDR) will apply to specified mer...15 Sep, 2026, 10.16 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
- Mutual funds, stocks UPI payments to attract 0.02% MDR under new NPCI frameworkNew UPI rules will introduce a 0.02% merchant discount rate for capital market transactions. This special rate applies to mutual funds and ...15 Sep, 2026, 07.45 PM IST
- UPI transactions above Rs 2,000 to attract 0.4% MDR; check key detailsNPCI will introduce a Merchant Discount Rate on select P2M UPI transactions starting October 15. Merchants will pay 0.4% on transactions ex...15 Sep, 2026, 07.34 PM IST
- Merchant fee on UPI rolling out as transaction floor set at Rs 2,000India has exempted transactions up to ₹2,000 via UPI and RuPay debit cards from charges. This move allows for the reintroduction of merchan...15 Sep, 2026, 05.30 AM IST
- Banks cannot impose charges on UPI payments of up to Rs 2,000, govt saysThe government has announced no charges on UPI transactions up to Rs 2,000. RuPay debit card payments below this amount will also remain fr...14 Sep, 2026, 11.28 PM IST
- UPI MDR notification likely to be out for businesses soon; banks may pocket bulk of 40 bps feeThe issuing bank would retain 40% of the fee, sources said. Third-party application providers such as PhonePe or Google Pay, and the acquir...11 Sep, 2026, 05.04 PM IST
- NPCI reports 12% slump in FY26 net profit to Rs 1,362 croreNPCI generates revenues primarily by operating digital payment infrastructures such as UPI, IMPS (Immediate Payment Service), AePS (Aadhaar...11 Sep, 2026, 03.31 PM IST
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