Finance Ministry rejects US pressure claims over new UPI MDR, says RuPay has no special edgeIndia's Finance Ministry rejects claims of US influence on UPI payment charges. The new framework prioritizes RuPay credit cards for UPI tr...
18 Sep, 2026, 07.56 PM IST
Restaurants, cafes rule out menu price hikes in festive quarter despite UPI MDR levy and rising food inflationRestaurants will likely avoid menu price increases this holiday season. Rising input costs and inflation have already impacted the food ser...
18 Sep, 2026, 09.10 AM 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
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
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
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
UPI MDR explained; AI leaders split on slowing downUPI’s new MDR framework will change how large merchant payments are charged. This and more in today’s ETtech Top 5.
16 Sep, 2026, 07.46 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
Zerodha's Nithin Kamath warns equity deliveries will no longer stay free due to MDR on UPI, says brokers cannot absorb the additional cost foreverZerodha founder Nithin Kamath has said the proposed Merchant Discount Rate (MDR) on UPI transactions could end free equity delivery trades,...
16 Sep, 2026, 02.18 PM IST
UPI charge is just tax collection: Ashneer Grover calls out government wanting to charge on payments above Rs 2,000 while banks are making crores in profitsBharatPe co-founder Ashneer Grover has questioned the rationale for introducing charges on certain UPI merchant transactions above Rs 2,000...
16 Sep, 2026, 12.26 PM 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
Credit for the next 50 crore: How PhonePe’s new co-branded cards target India’s underservedAt GFF 2026, PhonePe unveiled a suite of co-branded credit cards with HDFC Bank and SBI, plus the Wishcard for consumers with limited or no...
15 Sep, 2026, 06.45 PM IST
Merchant fee on UPI rolling out as transaction floor set at Rs 2,000India has exempted transactions up to ₹2,000 via UPI and RuPay debit cards from charges. This move allows for the reintroduction of merchan...
15 Sep, 2026, 05.30 AM IST
Coforge row deepens; MDR on UPI coming soonCoforge’s boardroom brouhaha has taken a new turn days after chairman Om Prakash Bhatt’s resignation. This and more in today’s ETtech Top 5.
11 Sep, 2026, 08.01 PM IST