UPI पर MDR की डेडलाइन टली, दिवाली तक नहीं होगा लागू
The government has extended the deadline for MDR on UPI. Earlier it was to be implemented from October 15. But now it will not be applicable till Diwali. Source link [ad_3]
Tag: UPI MDR
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83% shopkeepers are not ready to pay UPI charge: 86% people will not make UPI payment if the cost is passed on to the customers; LocalCircles Survey
83% shopkeepers are not ready to pay the UPI charge to be imposed from October 15. At the same time, if shopkeepers pass this expense on to customers, then 86% people will not pay through UPI. In such a situation, total transactions may decrease by 10% and payment numbers may decrease by 4%. LocalCircles has…
83% shopkeepers are not ready to pay UPI charge: 86% people will not make UPI payment if the cost is passed on to the customers; LocalCircles Survey
83% shopkeepers are not ready to pay the UPI charge to be imposed from October 15. At the same time, if shopkeepers pass this expense on to customers, then 86% people will not pay through UPI. In such a situation, total transactions may decrease by 10% and payment numbers may decrease by 4%. LocalCircles has…
UPI payments above Rs 2,000: 76% users may move to cash, cards if MDR is passed on
UPI’s six-year run as a largely free payment option for merchants is set to face a test from October 15, with a 0.4% merchant discount rate (MDR) coming into effect for person-to-merchant payments above Rs 2,000. A new LocalCircles survey suggests the change could push a large number of consumers towards cash, credit cards, debit…
UPI MDR Charges: Noida Businesses Divided But Say Will ‘Absorb Costs Politely’
News india UPI MDR Charges: Noida Businesses Divided But Say Will ‘Absorb Costs Politely’ Last Updated:September 20, 2026, 9:34 PM IST UPI MDR charges are set to apply to eligible merchant payments above Rs 2,000 from October 15. Noida businesses tell News18 how they plan to absorb the new cost. A busy commercial market in…
Govt In Talks With Payment Aggregators To Keep UPI Fee Off Customers: Sources
News india Govt In Talks With Payment Aggregators To Keep UPI Fee Off Customers: Sources Last Updated:September 18, 2026, 05:27 IST Sources said the ministry has already started engaging payment aggregators and other participants in the UPI ecosystem to sensitise them about the MDR. Under the new rules, a 0.4 per cent MDR will apply…
Why Was UPI MDR Introduced? Finance Ministry Explains Govt’s Logic, Dismisses ‘US Pressure’ Claim
News india Why Was UPI MDR Introduced? Finance Ministry Explains Govt’s Logic, Dismisses ‘US Pressure’ Claim Last Updated:September 17, 2026, 1:51 PM IST The ministry described allegations that MDR had been introduced because of external influence as “patently false and misleading” The Finance Ministry said the 30 per cent market-share mandate could not be implemented…
‘Ruler Should Collect Taxes From Citizens…’: NITI Aayog VC After UPI MDR Move
News india ‘Ruler Should Collect Taxes From Citizens…’: NITI Aayog VC After UPI MDR Move Last Updated:September 16, 2026, 8:51 PM IST Lahiri said the government can’t subsidise every transaction indefinitely and that users of a service should contribute towards its cost. Lahiri also compared the proposed UPI charge with fees levied for other banking…
‘We Are The Ball’: Oppn Targets Govt As US Advances Russia Sanctions Bill With 100% Tariff Threat
News india ‘We Are The Ball’: Oppn Targets Govt As US Advances Russia Sanctions Bill With 100% Tariff Threat Last Updated:September 16, 2026, 11:37 IST Congress attacked the Centre over potential US tariffs on Russian oil buyers and the new 0.4% MDR on UPI transactions, linking it to US interests. U.S. President Donald Trump (C-R)…
UPI MDR: Rail Tickets, Insurance, Fuel, Telecom Payments Above Rs 2,000 To Face Rs 5 Flat Fee
News business economy UPI MDR: Rail Tickets, Insurance, Fuel, Telecom Payments Above Rs 2,000 To Face Rs 5 Flat Fee Last Updated:September 15, 2026, 8:46 PM IST UPI MDR from October 15: Railways, insurance, fuel, telecom and other sectors will face a flat Rs 5 MDR on transactions above Rs 2,000. Here’s why. The government…