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UPI MDR CHARGES
- MDR on UPI not imposed due to external pressure, say govt sourcesOfficials 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
- Congress calls UPI move 'anti-national', alleges US pressureThe Congress party has voiced strong opposition to the implementation of a merchant discount rate (MDR) on UPI transactions, alleging that ...17 Sep, 2026, 12.42 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
- UPI fee rollback ruled out: 0.4% MDR stays on big paymentsThe government will levy a 0.4% fee on UPI merchant payments exceeding two thousand rupees. This new charge will take effect from October f...16 Sep, 2026, 07.48 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
- 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
- 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
- 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
- 'Narendra's Ongoing Trump Appeasement': Congress' dig at Prime Minister on UPI moveCongress criticises the government for introducing charges on UPI transactions for merchants. This move is seen as appeasing United States ...16 Sep, 2026, 10.46 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
- 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
- Mutual funds, stocks UPI payments to attract 0.02% MDR under new NPCI frameworkNew UPI rules will introduce a 0.02% merchant discount rate for capital market transactions. This special rate applies to mutual funds and ...15 Sep, 2026, 07.45 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
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