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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

17 Sep 2026 12:16 PM

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 Payments Above Rs 2,000: Will Users Pay Charges?

New Delhi, India | UPI payments up to Rs 2,000 are protected from charges, but crossing that amount does not automatically create a consumer fee. UPI Payments Above Rs 2,000: Will Users Pay Charges? UPI users do not automatically have to pay a transaction fee when sending Rs 2,500, Rs 5,000 or Rs 10,000. The Rs 2,000 figure mentioned in the latest government notificat

Finance & Economics

15 Sep 2026 15:21 PM

UPI Payments Above Rs 2,000: Will Users Pay Charges?

New Delhi, India | UPI payments up to Rs 2,000 are protected from charges, but crossing that amount does not automatically create a consumer fee. UPI Payments Above Rs 2,000: Will Users Pay Charges? UPI users do not automatically have to pay a transaction fee when sending Rs 2,500, Rs 5,000 or Rs 10,000. The Rs 2,000 figure mentioned in the latest government notificat

Finance & Economics

UPI Charges: Parliament Clears Way for Future MDR

Parliament has cleared an amendment allowing the Centre to reshape the zero-MDR framework for UPI and other notified digital payments. No new UPI charge has taken effect yet, while the government says customers will not directly bear MDR charges. India has moved closer to potentially introducing Merchant Discount Rate charges on some UPI merchant transactions after Parliament cleared changes to the law governing digital payment charges. The Taxation a

Money & Investments

07 Aug 2026 15:39 PM

UPI Charges: Parliament Clears Way for Future MDR

Parliament has cleared an amendment allowing the Centre to reshape the zero-MDR framework for UPI and other notified digital payments. No new UPI charge has taken effect yet, while the government says customers will not directly bear MDR charges. India has moved closer to potentially introducing Merchant Discount Rate charges on some UPI merchant transactions after Parliament cleared changes to the law governing digital payment charges. The Taxation a

Money & Investments

UPI Fee Above Rs 2,000 Proposed: What Users Should Know

India has proposed a legal change that could permit merchant fees on selected UPI payments, including transactions above Rs 2,000. No fee has been finalised, and the proposals mainly target large merchants rather than customers, small shops or personal transfers. UPI Fee Has Not Been Introduced Yet UPI payments above Rs 2,000 are not automatically becoming chargeable. A proposed amendment to the Payment and Settlement Systems Act woul

Money & Investments

06 Aug 2026 10:52 AM

UPI Fee Above Rs 2,000 Proposed: What Users Should Know

India has proposed a legal change that could permit merchant fees on selected UPI payments, including transactions above Rs 2,000. No fee has been finalised, and the proposals mainly target large merchants rather than customers, small shops or personal transfers. UPI Fee Has Not Been Introduced Yet UPI payments above Rs 2,000 are not automatically becoming chargeable. A proposed amendment to the Payment and Settlement Systems Act woul

Money & Investments

Nilambur Boy Electrocution Case: Kerala Grants ₹40 Lakh For Family Rehabilitation

Kerala Sanctions ₹40 Lakh To Relocate Nilambur Boy’s Family Kerala has sanctioned ₹40 lakh from the CMDRF to relocate four families of Nilambur boy Ananthu Vijayan, who died after contact with an illegal electric trap in Malappuram. Four Families To Receive ₹10 Lakh Each The Kerala government has sanctioned ₹40 lakh from the Chief Minister’s Distress Relief Fund for the rehabilitation of four families linked to A

State News

06 Jul 2026 16:53 PM

Nilambur Boy Electrocution Case: Kerala Grants ₹40 Lakh For Family Rehabilitation

Kerala Sanctions ₹40 Lakh To Relocate Nilambur Boy’s Family Kerala has sanctioned ₹40 lakh from the CMDRF to relocate four families of Nilambur boy Ananthu Vijayan, who died after contact with an illegal electric trap in Malappuram. Four Families To Receive ₹10 Lakh Each The Kerala government has sanctioned ₹40 lakh from the Chief Minister’s Distress Relief Fund for the rehabilitation of four families linked to A

State News

Cancer Drug Shortage In India Raises Alarm As Chemo Patients Search For Key Medicines

Cisplatin, Carboplatin Shortage Hits Cancer Care A shortage of two widely used chemotherapy medicines has triggered concern as cancer patients struggle to find stocks across India. A shortage of key cancer drugs in India has raised serious concerns among doctors and patients. Two commonly used chemotherapy medicines, Cisplatin and Carboplatin, have reportedly become difficult to find in many pharmacies over the last two weeks. The shortage is w

Health & Wellness

05 Jun 2026 11:58 AM

Cancer Drug Shortage In India Raises Alarm As Chemo Patients Search For Key Medicines

Cisplatin, Carboplatin Shortage Hits Cancer Care A shortage of two widely used chemotherapy medicines has triggered concern as cancer patients struggle to find stocks across India. A shortage of key cancer drugs in India has raised serious concerns among doctors and patients. Two commonly used chemotherapy medicines, Cisplatin and Carboplatin, have reportedly become difficult to find in many pharmacies over the last two weeks. The shortage is w

Health & Wellness

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UPI MDR From October 15: Who Pays and Who Is Exempt?

UPI MDR From October 15: Who Pays and Who Is Exempt?

UPI Payments Above Rs 2,000: Will Users Pay Charges?

UPI Payments Above Rs 2,000: Will Users Pay Charges?

UPI Charges: Parliament Clears Way for Future MDR

UPI Charges: Parliament Clears Way for Future MDR

UPI Fee Above Rs 2,000 Proposed: What Users Should Know

UPI Fee Above Rs 2,000 Proposed: What Users Should Know

Nilambur Boy Electrocution Case: Kerala Grants ₹40 Lakh For Family Rehabilitation

Nilambur Boy Electrocution Case: Kerala Grants ₹40 Lakh For Family Rehabilitation

Cancer Drug Shortage In India Raises Alarm As Chemo Patients Search For Key Medicines

Cancer Drug Shortage In India Raises Alarm As Chemo Patients Search For Key Medicines

Bigg Boss Telugu 9 Winner Kalyan Padala Makes History

Indian diaspora powers Britain’s economy and tech growth, says new UK report

EC Freezes TMC Name and Symbol Ahead of Bypolls

Dhanush fan club flag sparks political buzz

Modi Renews Gold Buying Warning, Jewellers Raise Concerns

Chef Mantra Project USA: Suma Hosts aha’s Telugu Reality Show

Ram Temple Trust Names Nirmala Yadav First Woman Trustee

Vande Mataram Opens Lok Sabha for First Time as Session Ends

Jairam Ramesh Opposes Return Of Congress Leaders Who Joined BJP

India’s Milk Colour Coding System Explained: Blue, Green and Orange Packs

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Bigg Boss Telugu 9 Winner Kalyan Padala Makes History

Indian diaspora powers Britain’s economy and tech growth, says new UK report

EC Freezes TMC Name and Symbol Ahead of Bypolls

Dhanush fan club flag sparks political buzz

Modi Renews Gold Buying Warning, Jewellers Raise Concerns

Chef Mantra Project USA: Suma Hosts aha’s Telugu Reality Show

Ram Temple Trust Names Nirmala Yadav First Woman Trustee

Vande Mataram Opens Lok Sabha for First Time as Session Ends

Jairam Ramesh Opposes Return Of Congress Leaders Who Joined BJP

India’s Milk Colour Coding System Explained: Blue, Green and Orange Packs

#mdr

UPI MDR From October 15: Who Pays and Who Is Exempt?

UPI MDR From October 15: Who Pays and Who Is Exempt?

UPI Payments Above Rs 2,000: Will Users Pay Charges?

UPI Payments Above Rs 2,000: Will Users Pay Charges?

UPI Charges: Parliament Clears Way for Future MDR

UPI Charges: Parliament Clears Way for Future MDR

UPI Fee Above Rs 2,000 Proposed: What Users Should Know

UPI Fee Above Rs 2,000 Proposed: What Users Should Know

Nilambur Boy Electrocution Case: Kerala Grants ₹40 Lakh For Family Rehabilitation

Nilambur Boy Electrocution Case: Kerala Grants ₹40 Lakh For Family Rehabilitation

Cancer Drug Shortage In India Raises Alarm As Chemo Patients Search For Key Medicines

Cancer Drug Shortage In India Raises Alarm As Chemo Patients Search For Key Medicines

Bigg Boss Telugu 9 Winner Kalyan Padala Makes History

Indian diaspora powers Britain’s economy and tech growth, says new UK report

EC Freezes TMC Name and Symbol Ahead of Bypolls

Dhanush fan club flag sparks political buzz

Modi Renews Gold Buying Warning, Jewellers Raise Concerns

Chef Mantra Project USA: Suma Hosts aha’s Telugu Reality Show

Ram Temple Trust Names Nirmala Yadav First Woman Trustee

Vande Mataram Opens Lok Sabha for First Time as Session Ends

Jairam Ramesh Opposes Return Of Congress Leaders Who Joined BJP

India’s Milk Colour Coding System Explained: Blue, Green and Orange Packs

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