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UPI PAYMENT
UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to know- UPI Charges Explained: Will you pay a fee for Rs 2,000+ UPI payments? Government clarifies what users need to know
- NPCI announces MDR for UPI; merchant transactions above Rs 2,000 to attract 0.4% charge
- New charges on UPI payments: Here's what you will be charged for stock market investmentsUPI payments for capital market transactions will attract a nominal 0.02% Merchant Discount Rate, capped at Rs 300. The fee covers mutual f...15 Sep, 2026, 07.45 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
- Amazon Now’s sales surge; govt’s stance on UPI chargesHappy Tuesday! Amazon's quick commerce arm is scaling fast, India head Samir Kumar told us. This and more in today’s ETtech Morning Dispatc...15 Sep, 2026, 06.24 PM IST
- UPI charge is just tax collection: Ashneer Grover calls out government wanting to charge on payments above Rs 2,000 while banks are making crores in profitsAshneer Grover has called any charge on UPI transactions above Rs 2,000 plain tax collection, days after the government exempted only small...15 Sep, 2026, 04.18 PM IST
- UPI MDR could unlock Rs 22,000 crore revenue pool by FY28: BernsteinUPI could generate Rs 22,000 crore annually by FY28 through a modest merchant discount rate. Banks might receive Rs 14,000 crore and paymen...15 Sep, 2026, 04.01 PM IST
- India consults banks, payment firms on fees for large UPI payments, sources sayIndia's payments authority is discussing charges on large UPI transactions. This follows a recent change in law allowing fees on payments o...15 Sep, 2026, 02.02 PM IST
- Stage being set for levying UPI transaction fee: Cong slams govtCongress criticizes the government's UPI transaction notification. The party claims this move sets a stage for future user fees. This notif...15 Sep, 2026, 12.42 PM IST
- Paytm shares drop 3% after govt shields UPI payments only up to Rs 2,000 from charges. Should you buy the dip?Paytm shares fell after the government directed banks and payment providers not to charge for UPI transactions up to Rs 2,000, raising unce...15 Sep, 2026, 12.07 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
- SBI developing solution to use UPI data for checking creditworthiness of small bizState Bank of India is developing a UPI data solution for small businesses. This initiative aims to assess creditworthiness without requiri...11 Sep, 2026, 09.52 PM IST
- NPCI working on protocols to authorise AI agents on UPI, says chairman Ajay Kumar ChoudharyIndia's NPCI is examining protocols for AI agent identification within the UPI ecosystem. This move aims to enable autonomous payments on t...10 Sep, 2026, 03.40 PM IST
- India plans AI registry as it looks to roll out agentic payments, sources sayThe landscape of digital finance is evolving as India's payments authority creates a registry specifically for AI agents. This registry aim...10 Sep, 2026, 03.23 PM IST
- BharatPe unveils BharatPe Flex at Global Fintech Fest 2026, brings credit into everyday UPI paymentsBharatPe unveiled BharatPe Flex, a new consumer credit offering built on UPI. This innovative product allows users to access credit limits ...10 Sep, 2026, 03.07 PM IST
- Indian travellers can now use UPI to pay at Singapore’s Resorts World SentosaIndian travellers can now use UPI to book and pay online for attractions and experiences at Singapore’s Resorts World Sentosa, including Un...09 Sep, 2026, 02.46 PM IST
- GFF 2026: Multipl launches UPI-linked spending account to let users invest money set aside for expensesMultipl has launched a new spending account linked to UPI payments. This innovative account allows users to invest money earmarked for dail...09 Sep, 2026, 02.22 PM IST
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