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#smallmerchants
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
22 May 2026 14:22 PM
26 Feb 2026 16:26 PM
22 Apr 2026 10:46 AM
03 Jul 2026 14:14 PM
17 Feb 2026 18:05 PM
01 Jun 2026 17:45 PM
25 Aug 2026 12:29 PM
08 Apr 2026 13:25 PM
03 Sep 2026 12:25 PM









