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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
09 Jun 2026 17:50 PM
19 Jun 2026 16:50 PM
28 Aug 2026 10:12 AM
24 Aug 2026 10:38 AM
01 May 2026 10:26 AM
27 Feb 2026 19:17 PM









