Mobile phone retailers to protest against UPI MDR charges on Oct 2Mobile phone retailers across India will observe October 2 as 'No UPI Day' to protest UPI charges. The All India Mobile Retailers Associati...
27 Sep, 2026, 02.53 PM IST
MDR on UPI payments above Rs 2,000: Supreme Court to hear challenge plea on MondayEnding nearly six years of fully free UPI payments, the government has introduced a 0.4 per cent fee on transfers worth over Rs 2,000 made ...
27 Sep, 2026, 12.53 PM IST
NSE MD & CEO Ashish Chauhan says no government talks on new UPI MDR; expects brokers, clients to resolve issueNSE's Managing Director Ashish Chauhan mentioned there have been no government discussions about the new MDR on UPI payments. He indicated ...
26 Sep, 2026, 08.17 PM IST
UPI MDR decision completely professional, no external pressure: FM SitharamanTalking to PTI, Sitharaman said the decision was completely professional, and it was taken jointly by the National Payments Corporation of ...
25 Sep, 2026, 02.56 PM IST
FM Nirmala Sitharaman rejects UPI MDR 'misconception,' says charge won't be passed to consumersFinance Minister Nirmala Sitharaman confirmed that the Merchant Discount Rate on UPI payments above Rs 2,000 will not be passed to consumer...
25 Sep, 2026, 09.01 AM IST
Government may examine UPI MDR applicability on petrol pump payments: SourcesThe concerns of fuel retailers centre on the impact of MDR on an industry where margins are relatively low, those cited above said. The gov...
24 Sep, 2026, 07.58 PM IST
MP traders protest UPI MDR with ‘No UPI Day’, urge customers to pay cashTraders across Madhya Pradesh organized a 'No UPI Day' protest against the imposition of a 0.4% fee. The protest involved covering QR codes...
23 Sep, 2026, 09.28 PM IST
SBI expects surplus from new UPI MDR as issuing, acquiring bankState Bank of India will start charging a merchant discount rate on UPI payments exceeding Rs 2,000 from October 15. The bank anticipates g...
23 Sep, 2026, 08.49 PM IST
How will MDR on UPI affect your mutual fund investments? Will AMCs and brokers pass on the costs to users?The introduction of a 0.02% merchant discount rate will impact specific mutual fund and broking transaction payments. One-time investments ...
23 Sep, 2026, 07.32 PM IST
BHIM MyUPI payments launched: 9 services users can access at one place, from checking transactions to managing UPI AutopayIn a significant move towards enhancing digital payments, NPCI BHIM Services Limited has introduced MyUPI, a conversational AI assistant se...
23 Sep, 2026, 12.35 PM IST
UPI for mutual funds: Benefits, limits and impact of new MDR explainedUnified Payments Interface (UPI) enables convenient investment in mutual funds through instant payments and SIPs. Investors appreciate UPI ...
23 Sep, 2026, 07.32 AM IST
UPI vs debit vs credit cards: Will UPI payments with MDR charges still be cheapest? NPCI explainsAfter the MDR charge announcement on certain merchant UPI transactions, many UPI users are thinking whether they should shift from the UPI ...
22 Sep, 2026, 05.38 PM IST
Petrol pump UPI payments above Rs 2,000 to stop from October 16 in MP & Punjab: Dealers cite 0.4% MDR charge; debit and credit cards to remain availablePetrol pump UPI payments: Petrol pump dealers in Madhya Pradesh and Punjab will stop accepting UPI payments above Rs 2,000 from October 16,...
21 Sep, 2026, 07.55 PM IST
Petrol pumps to not accept UPI payment: Punjab dealers warn of Rs 2,000 limit if MDR is imposedPetrol pump dealers in Punjab have warned of stopping UPI payments above Rs 2,000 if merchant discount rate or digital transaction charges ...
21 Sep, 2026, 07.35 PM IST
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
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