1hon MSN
UPI MDR rollout: Sources say govt weighs checks to prevent merchants passing cost to consumers
Sources say the government is weighing checks to ensure merchants do not pass the proposed UPI MDR cost on to consumers as ...
16hon MSN
Passing UPI MDR to customers is a criminal offence: Here's what the law says — experts weigh in
UPI MDR will apply to specified P2M transactions above ₹2,000 from 15 October. While the charge is levied on merchants, the ...
Stockbroking firms argue that fund additions to customers’ broking accounts are similar to a person-to-person money transfer, ...
The new 0.4 percent UPI MDR above Rs 2,000 has sparked concern, but August data alone may not prove that 67 percent of ...
UPI will carry a 0.4% MDR on P2M transactions above Rs 2,000 from October 15, 2026. Payment executives explain why they want ...
Finance Ministry has rejected allegations of US influence over UPI charges and has maintained that that the new MDR rules do ...
RBI Deputy Governor Shirish Chandra Murmu addresses concerns about the new Merchant Discount Rate (MDR) on UPI transactions, asserting that it won't lead to increased cash usage. He discusses ...
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7 transactions where you won’t pay MDR
From October 15, 2026, MDR will apply only to select UPI merchant transactions. However, several UPI payments will remain free of MDR for customers.
The Payments Council of India (PCI) disputes Kerala Congress's claim that a 0.4% UPI merchant discount rate on fuel payments ...
A trade body in Jharkhand, FJCCI, has urged the Union Finance Minister to withdraw the proposed 0.4% Merchant Discount Rate ...
The new UPI MDR charge on merchant transactions above Rs 2,000 has raised concerns, prompting the government to hold talks ...
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