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UPI MDR From October 15: Who Pays and Who Is Exempt?
UPI MDR comes into effect from October 15 The government will introduce a Merchant Discount Rate on select UPI merchant payments from October 15, 2026. Under the new framework, eligible person-to-merchant transactions above Rs 2,000 will attract an MDR of up to 0.40 per cent. PhonePe CEO Sameer Nigam said the framework creates
Finance & Economics
UPI MDR From October 15: Who Pays and Who Is Exempt?
UPI MDR comes into effect from October 15 The government will introduce a Merchant Discount Rate on select UPI merchant payments from October 15, 2026. Under the new framework, eligible person-to-merchant transactions above Rs 2,000 will attract an MDR of up to 0.40 per cent. PhonePe CEO Sameer Nigam said the framework creates
Finance & Economics
Similar Listings
11 Sep 2026 12:56 PM
27 Apr 2026 10:58 AM
14 Apr 2026 12:50 PM
14 May 2026 12:10 PM
08 Sep 2026 13:19 PM
09 Jun 2026 18:29 PM
28 Apr 2026 14:02 PM
21 Jul 2026 13:55 PM
23 Jun 2026 17:36 PM









