The NPCI framework and the FAQs issued with it do not stipulate that multiple payments relating to a single bill must be ...

The new Merchant Discount Rate (MDR) on select high-value UPI transactions has already triggered resistance among traders in ...

The exchange has sharpened attention on how the committee's earlier recommendation relates to NPCI's new UPI merchant charge ...

The proposed UPI merchant discount rate (MDR) framework has triggered a wider debate over who should bear the cost of India’s digital payments infrastructure, with transactions above ₹2,000 at the ...

UPI AutoPay SIPs and OTT subscriptions will not carry the prescribed MDR.One-time mutual fund and capital-market UPI payments ...

Through the notices, shopkeepers are warning customers that UPI payments may not be available for higher-value purchases ...

UPI will introduce a merchant discount rate on higher-value transactions from October 15, 2026, while small payments and ...

The National Payments Corporation of India (NPCI) will introduce a 0.4% merchant discount rate (MDR) on Unified Payments Interface (UPI) transactions exceeding Rs2,000 ($20.8) with the charges to be a ...

Understand UPI MDR, GST on MDR, ITC eligibility, MDR caps, accounting treatment and whether GST on MDR amounts to tax on tax.

Finance Ministry has rejected allegations of US influence over UPI charges and has maintained that that the new MDR rules do ...