UPI To Remain Free For Person-To-Person Payments; 0.4% MDR On Merchant Transactions Above ₹2,000
News india UPI To Remain Free For Person-To-Person Payments; 0.4% MDR On Merchant Transactions Above ₹2,000 Last Updated:September 15, 2026, 7:05 PM IST The MDR on high-value merchant transactions will be capped at ₹300 per transaction for payments of ₹75,000 and above. The government clarified that there will be no charges on P2P UPI transactions,…