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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?

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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

Money & Investments

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

#phonepe

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

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

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

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

Monsoon 2026 Begins In Kerala As IMD Issues Rain Alert For 17 States

AP FDC Swearing-In Ceremony Held In Vijayawada

Massive 6.7 Magnitude Earthquake Strikes Indonesia Near Palu, Triggers Panic and Tsunami Alerts

Election Shock in Tamil Nadu: Rajinikanth Meets MK Stalin

The Bengal Files Set for Release in West Bengal After BJP Forms Government

Sonu Nigam Health Update Before Mumbai Concert

Nandamuri Tejeswini Joins Siddhartha Fine Jewellers: A Blend of Tradition and Glamour

DMK-Congress Rift Deepens After Murasoli Attack On Rahul Gandhi

Vaibhav Sooryavanshi 93 Powers RR To 7-Wicket Win Over LSG In IPL 2026

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

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Monsoon 2026 Begins In Kerala As IMD Issues Rain Alert For 17 States

AP FDC Swearing-In Ceremony Held In Vijayawada

Massive 6.7 Magnitude Earthquake Strikes Indonesia Near Palu, Triggers Panic and Tsunami Alerts

Election Shock in Tamil Nadu: Rajinikanth Meets MK Stalin

The Bengal Files Set for Release in West Bengal After BJP Forms Government

Sonu Nigam Health Update Before Mumbai Concert

Nandamuri Tejeswini Joins Siddhartha Fine Jewellers: A Blend of Tradition and Glamour

DMK-Congress Rift Deepens After Murasoli Attack On Rahul Gandhi

Vaibhav Sooryavanshi 93 Powers RR To 7-Wicket Win Over LSG In IPL 2026

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

#phonepe

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

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

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

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

Monsoon 2026 Begins In Kerala As IMD Issues Rain Alert For 17 States

AP FDC Swearing-In Ceremony Held In Vijayawada

Massive 6.7 Magnitude Earthquake Strikes Indonesia Near Palu, Triggers Panic and Tsunami Alerts

Election Shock in Tamil Nadu: Rajinikanth Meets MK Stalin

The Bengal Files Set for Release in West Bengal After BJP Forms Government

Sonu Nigam Health Update Before Mumbai Concert

Nandamuri Tejeswini Joins Siddhartha Fine Jewellers: A Blend of Tradition and Glamour

DMK-Congress Rift Deepens After Murasoli Attack On Rahul Gandhi

Vaibhav Sooryavanshi 93 Powers RR To 7-Wicket Win Over LSG In IPL 2026

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

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