The new framework introduces a 0.4% MDR on person-to-merchant UPI transactions above Rs 2,000, capped at Rs 300 on transactions of Rs 75,00...

NITI Aayog defends the government's UPI transaction fee decision. Businesses must become sustainable without relying on government subsidie...

Rediff.com's upcoming initial public offering (IPO) may find additional monetisation avenues as a result of the government's decision to le...

The Finance Ministry anticipates no rise in cash transactions following the UPI MDR implementation. Only a small percentage of total UPI vo...

Officials clarified that there is no separate GST levied on MDR charges. While GST will apply to MDR on UPI transactions, businesses will b...

UPI 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...

Starting from October 2026, a new Merchant Discount Rate framework will be introduced for specific UPI transactions. This framework is desi...

The new revenue stream could also draw banks and ecommerce companies into consumer UPI. Pine Labs chairman, managing director and chief exe...

Starting on October 15, banks and payment applications will begin earning revenue from select merchant UPI transactions. Transactions under...

The government will levy a 0.4% fee on UPI merchant payments exceeding two thousand rupees. This new charge will take effect from October f...

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...

NPCI will introduce a Merchant Discount Rate on select P2M UPI transactions starting October 15. Merchants will pay 0.4% on transactions ex...

India will soon introduce a merchant discount rate on UPI payments. This fee applies to transactions exceeding two thousand rupees with mer...

The central government's decision regarding MDR and UPI is a welcome move that will help fund the infrastructure needed to support rapidly ...

The National Payments Corporation of India, which operates the UPI network, said the revenue will support investment in infrastructure resi...

UPI Payment Charges Rules: Ordinary UPI users will not pay transaction fees for payments above Rs 2,000. Person-to-person UPI transactions ...

New UPI rules will introduce a 0.02% merchant discount rate for capital market transactions. This special rate applies to mutual funds and ...