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]
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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]
UPI will incur a Merchant Discount Rate (MDR) of 0.4% on specific Person-to-Merchant (P2M) transactions over Rs 2,000 from October 15. However, not all UPI payments will carry a fee, and small merchants are explicitly exempt from this rule. Furthermore, merchants will bear the cost of this charge. (Image: Pexels) The National Payments Corporation Of…
Several traders in Ghaziabad, Uttar Pradesh, have started putting up notices outside their shops stating that, “UPI payments will not be accepted due to MDR charges. We accept cash payment only.” The notices are part of a protest against the new Merchant Discount Rate (MDR) framework for selected UPI merchant transactions above Rs.2,000, which is…
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…
Be it a tea shop or a shopping mall, buy vegetables or eat Golgappa. Scanned the QR code and payment was made. But from October 15, there is going to be a big change in this story of UPI. In particular, 0.4 percent Merchant Discount Rate (MDR) will be applicable on payments made to some…
New Delhi: India’s click-and-pay UPI services will attract a fractional charge above Rs 2,000 for merchant payments, the government has notified, though it ruled out charges on person-to-person transactions. The new UPI Merchant Discount Rate (MDR) framework will be effective from October 15. The new framework suggests a 0.4% charge will be levied on such…
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