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WHAT IS UPI MDR
UPI’s new MDR pot: 5% of collections to be used for bringing small merchants online- Petrol pump UPI payments above Rs 2,000 to stop from October 16 in Madhya Pradesh: Dealers cite 0.4% MDR charge; debit and credit cards to remain available
- 'Everything on record': Parliamentary Finance panel chief defends unanimous Standing Committee report amid UPI MDR row
- MDR charges on 5 key services: Railway tickets, mobile bills, fuel and moreSelect UPI merchant transactions will incur a Merchant Discount Rate. However, transactions under two thousand rupees will remain free for ...18 Sep, 2026, 07.58 PM IST
- 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
- 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 ...18 Sep, 2026, 07.54 PM IST
- UPI MDR from October 15: Govt plans daily monitoring to stop merchants passing 0.4% fee to customersThe government is in negotiations with payment aggregators over new UPI transaction fees, ensuring that these charges will not be imposed o...18 Sep, 2026, 05.46 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
- 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
- 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 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
- 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 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
- RBI backs MDR on large-value UPI transactions, says could help expand UPI acceptanceThe Reserve Bank of India supports Merchant Discount Rate on large UPI transactions. This move aims to ensure the long-term sustainability ...16 Sep, 2026, 06.35 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 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
- 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
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