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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
16 Sep 2026 11:47 AM
04 Mar 2026 21:17 PM
17 Jun 2026 11:28 AM
30 Apr 2026 13:17 PM
18 Aug 2026 13:30 PM
18 Apr 2026 12:13 PM
28 Apr 2026 13:48 PM
12 Feb 2026 17:35 PM
29 Apr 2026 10:04 AM
07 Aug 2026 15:39 PM









