MDR gives banks more fuel for UPI playPayment companies can build the customer interface, but a product cannot scale until issuing and acquiring banks connect their systems, tes...
23 Sep, 2026, 06.00 AM IST
Overseas job offers fuel 'dangerous trend' of trafficking, MHA calls for specialised actionThe Union Home Ministry has warned of a “dangerous trend” of overseas recruitment scams in which people are lured with high-paying job offe...
22 Sep, 2026, 08.36 PM IST
UPI vs credit cards - How India's payments system is boosting savings and benefitting multiple stakeholdersThe Anglo-Saxon economies of the US, United Kingdom and Australia show a reduction in household savings rates along with a growth in credit...
21 Sep, 2026, 12.22 PM IST
India must rethink cross-border payments beyond corridors, put customers first: DeloitteA shift from corridor-led expansion to customer-centric design forms the core principle needed to drive the next stage of India's cross-bor...
20 Sep, 2026, 12.48 PM IST
UPI’s new MDR pot: 5% of collections to be used for bringing small merchants onlineNPCI will introduce a dedicated fund from MDR proceeds for small merchants. This fund aims to expand digital payment infrastructure in smal...
20 Sep, 2026, 12.05 PM IST
MDR fears groundless, AI accountability lies with boards: RBI Dy Governor SC MurmuTackling industry anxieties head-on at the Bengal Chamber of Commerce & Industry's (BCC&I) Financial Market Conclave in Mumbai, Reserve Ban...
18 Sep, 2026, 05.30 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
ETtech Explainer: Who pays MDR on UPI and who does notStarting on October 15, banks and payment applications will begin earning revenue from select merchant UPI transactions. Transactions under...
16 Sep, 2026, 08.11 PM IST
Return of MDR a key step towards making UPI sustainable and enabling further growth: ExpertsEffective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...
16 Sep, 2026, 07.33 PM 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
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
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...
16 Sep, 2026, 06.34 PM IST
UPI fee: Why govt is putting a price on big merchant paymentsThe National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...
16 Sep, 2026, 01.22 PM 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
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
BRICS declaration vows cooperation to dismantle cross-border scam networksBRICS countries on Saturday voiced “serious concern” over organised scam networks, including cross-border fraud operations and scam compoun...
12 Sep, 2026, 08.57 PM IST
GFF 2026: Digital finance has scaled, now trust and resilience must catch up, says RBI’s Deputy Governor MurmuIndia's digital finance sector now prioritizes trust and resilience over access. Technology transforms finance, but trust remains the essen...
11 Sep, 2026, 02.24 PM IST