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UPI TRANSACTION CHARGES
UPI MDR rollout deferred until after DiwaliUPI MDR charges on eligible merchant transactions above Rs 2,000 have been deferred until after Diwali, with the exact implementation date ...- IIT-Bombay study bats to cut MDR to 0.08 pc from 0.4 pc, exclude banks from taking bulk shareA report by IIT-Bombay professors recommends reducing the Merchant Discount Rate for UPI transactions to improve the ecosystem. The current...
- UPI MDR framework needs rationalisation to protect public trust: ReportUPI, a public digital infrastructure, has generated significant convenience for users and productivity gains for the economy, with its long...
- UPI MDR framework needs rationalisation to protect public trust: IIT Bombay reportThe report cautioned that public trust in UPI could be undermined if the proposed MDR framework is implemented in its present form, stressi...
- India's quick commerce growth set to accelerate, food delivery to remain steady: ReportAccording to the report, India's quick commerce sector is witnessing consolidation, with net order value (NOV) growth for leading platforms...
- India's quick commerce growth set to accelerate, food delivery to remain steady: ReportAccording to an Emkay report, India's quick commerce sector is projected to accelerate NOV growth to 21.6 percent in Q2FY27. Food delivery ...
- Keep UPI free, govt should withdraw proposed charges: GTRIThe Global Trade Research Initiative has urged the government to withdraw the proposed UPI charges set for October 15. Introducing fees on ...
- Paytm, Mobikwik, Pine Labs shares crash up to 10%. What’s behind the sharp plunge?Paytm, Mobikwik and Pine Labs shares fall sharply as reports of a possible delay in UPI MDR implementation raise concerns over the fintech ...
- MDR a small fee, will not have major impact on UPI volumes: RBI Guv MalhotraSanjay Malhotra, the Governor of the Reserve Bank of India, commented on the impact of MDR fees on UPI transactions. He expressed confidenc...
- UPI MDR: 0.4% charge raises questions over MSME margins, cash flows and digital creditIndustry representatives say merchant size, margins, and the nature of goods should determine the merchant discount rate (MDR), while finte...
- India can sustain around 7% growth despite global concerns: Nilesh ShahIndia is projected to experience approximately 7% economic growth this year despite higher oil prices and deficient rainfall. Nilesh Shah, ...
- UPI volume rises 27% to touch 145 billion in first half of FY27This is against UPI volume 114 billion in during the April-September quarter of the previous financial year, according to data released by ...
- October 2026 rule changes: No PUC, no fuel, higher Mumbai tolls, UPI charges and 4 more updatesOctober 2026 brings seven rule and policy changes that could affect motorists, businesses and consumers across India. The updates include D...
- AIMRA announces nationwide 'No UPI Day' on October 2 to protest against proposed MDR for UPI transactionsAIMRA is organizing a 'No UPI Day' on October 2 to protest against the proposed Merchant Discount Rate. The proposed charges are anticipate...
- Fee on UPI P2M payments: How this “small” 0.4% fee can take a bigger bite out of your moneyStarting from October 15, 2026, a new 0.4% transaction fee will be applied to UPI payments exceeding Rs 2,000, while lower amounts and peer...
- 5 rule changes from October 1: SBI ATM charges, MDR on UPI, bulk FD rates, KYC for LPG subsidy and moreIn October 2026, significant changes to banking and finance regulations will take effect, impacting numerous services. Furthermore, the Res...
- ₹2,000+ UPI payment charges: SC refuses interim stay on 0.4% MDR, issues notice to govt, RBI, NPCI and othersThe Supreme Court has declined to grant an interim stay on the government’s new merchant discount rate policy. This policy imposes a 0.4% c...
- 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 ...
- Proposed 0.4% UPI merchant fee will not be passed to consumers: ReportGovernment sources clarified that the proposed merchant fee on UPI transactions above Rs 2,000 will not affect consumers. National Payments...
- UPI transaction charges: Check which payments can now attract a fee from October 2026
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