NPCI framework, announced on September 15, was scheduled to take effect on October 15. It prescribed a 0.4% fee on eligible bank account-fu...

A report by IIT-Bombay professors recommends reducing the Merchant Discount Rate for UPI transactions to improve the ecosystem. The current...

UPI, a public digital infrastructure, has generated significant convenience for users and productivity gains for the economy, with its long...

The report cautioned that public trust in UPI could be undermined if the proposed MDR framework is implemented in its present form, stressi...

The Global Trade Research Initiative has urged the government to withdraw the proposed UPI charges set for October 15. Introducing fees on ...

Paytm shares crashed on Wednesday after reports suggested a possible delay in the rollout of UPI MDR. Analysts said the stock faces immedia...

UPI MDR rollout: A proposal is under consideration to delay the implementation of Merchant Discount Rates for Unified Payments Interface. T...

Paytm, Mobikwik and Pine Labs shares fall sharply as reports of a possible delay in UPI MDR implementation raise concerns over the fintech ...

Sanjay Malhotra, the Governor of the Reserve Bank of India, commented on the impact of MDR fees on UPI transactions. He expressed confidenc...

Industry representatives say merchant size, margins, and the nature of goods should determine the merchant discount rate (MDR), while finte...

This is against UPI volume 114 billion in during the April-September quarter of the previous financial year, according to data released by ...

October 2026 brings seven rule and policy changes that could affect motorists, businesses and consumers across India. The updates include D...

NPCI, which manages UPI, has brought in a merchant discount rate of 0.4% on certain person-to-merchant UPI payments above Rs 2,000.

Starting 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...

The 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...

Government sources clarified that the proposed merchant fee on UPI transactions above Rs 2,000 will not affect consumers. National Payments...

Traders across Madhya Pradesh organized a 'No UPI Day' protest against the imposition of a 0.4% fee. The protest involved covering QR codes...