MDR charges on 5 key services: Railway tickets, mobile bills, fuel and moreSelect UPI merchant transactions will incur a Merchant Discount Rate. However, transactions under two thousand rupees will remain free for ...
18 Sep, 2026, 07.58 PM IST
UPI MDR from October 15: Govt plans daily monitoring to stop merchants passing 0.4% fee to customersThe government is in negotiations with payment aggregators over new UPI transaction fees, ensuring that these charges will not be imposed o...
18 Sep, 2026, 05.46 PM IST
- MDR on UPI not imposed due to external pressure, say govt sources
Officials clarified that there is no separate GST levied on MDR charges. While GST will apply to MDR on UPI transactions, businesses will b...
17 Sep, 2026, 05.22 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
Finance Ministry rejects foreign influence claims over UPI MDR, says India's digital payments decisions are made independentlyIndia's finance ministry rejected claims of foreign pressure influencing UPI transaction charges. A 0.4% Merchant Discount Rate will apply ...
16 Sep, 2026, 06.48 PM IST
Delhi traders plan cash payments push to avoid fee on UPI paymentsTraders will now encourage cash payments to avoid new UPI transaction fees. A 0.4 percent charge applies to UPI transactions exceeding two ...
16 Sep, 2026, 06.38 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...
16 Sep, 2026, 06.37 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 ...
16 Sep, 2026, 06.35 PM IST
No question of rollback of 0.4% MDR charges on UPI transactions over Rs 2,000: Top govt officialA top official, when asked whether the government was considering to roll back the proposed Merchant Discount Rate charges on UPI transacti...
16 Sep, 2026, 05.25 PM IST
UPI MDR a welcome move, will help support infra for growing digital payments: Mohandas PaiThe central government's decision regarding MDR and UPI is a welcome move that will help fund the infrastructure needed to support rapidly ...
16 Sep, 2026, 05.23 PM 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 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
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
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