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IMPACT OF MDR ON MERCHANTS
Retailers push back against proposed 0.4% MDR on UPI transactions above Rs 2,000, warn of hit to thin marginsRetailers are strongly opposing a proposed merchant discount rate on UPI payments. This new charge will significantly impact their already ...17 Sep, 2026, 11.55 PM IST- Paytm karo, back in vogue again: Can the stock reclaim IPO price after 5 years and 480% rally?Paytm shares have rebounded over 480% from their lifetime low but remain 20% below the Rs 2,150 IPO price. The introduction of MDR on selec...17 Sep, 2026, 09.00 PM IST
- FinMin allays fears of increase in cash transactions post UPI MDR levy: SourcesThe Finance Ministry anticipates no rise in cash transactions following the UPI MDR implementation. Only a small percentage of total UPI vo...17 Sep, 2026, 06.41 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
- Attempt to divert attention from backlash over UPI tax: Congress on govt's Parl panel claimsCongress denies supporting a parliamentary committee's report on UPI payment fees. The party accuses the government of diversion after a si...17 Sep, 2026, 12.30 PM IST
- UPI MDR prompts D2C brands to reassess costs as festive sales loomUnder the new framework, the government has introduced a 0.4% MDR on P2M (person-to-merchant) UPI transactions above Rs 2,000, capped at Rs...17 Sep, 2026, 09.11 AM IST
- Decoding MDR’s impact; EV bikes’ policy change sparks debateHappy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETtech Morning Dispatch.17 Sep, 2026, 07.43 AM IST
- UPI MDR: 10 UPI transactions that will attract MDR charges; what’s the maximum you will payA new UPI framework will implement fees on certain merchant transactions while keeping person-to-person payments and transactions under two...16 Sep, 2026, 07.49 PM IST
- Nithin Kamath says new UPI charges on investing, broking don’t make sense: 'I don't see how we can absorb this indefinitely'Zerodha CEO Nithin Kamath said the new UPI MDR framework may not make economic sense for investing and broking, where customers can transfe...16 Sep, 2026, 07.48 PM IST
- UPI MDR explained for investors: How will new charges impact your mutual fund SIPs and stock investments?From October 15, MDR will apply to select UPI person-to-merchant payments above Rs 2,000, but not to all such transactions. UPI AutoPay and...16 Sep, 2026, 07.47 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
- Plea in SC against imposition of MDR on UPI payments of above Rs 2,000The government has introduced a 0.4% fee on UPI payments of more than Rs 2,000 made to merchants from October 15. Under this, a merchant di...16 Sep, 2026, 06.11 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
- Proposed UPI MDR structure doesn't make sense for broking, could raise costs: Nithin KamathThe proposed Merchant Discount Rate (MDR) on UPI transactions could create significant costs for stockbrokers even when customers do not ex...16 Sep, 2026, 11.50 AM 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
- 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
- Bernstein names Paytm stock as its top pick, lists 3 strong growth drivers for fintech giantBernstein has named Paytm its top pick, citing strong merchant lending growth, operating leverage and potential UPI MDR as key earnings dri...11 Sep, 2026, 12.30 PM IST
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