Low average order values could keep food delivery and quick-commerce companies relatively insulated from a potential UPI MDR ...

Analysts estimate the broader payment industry could gain thousands of crores in annual revenue from eligible transactions.

NPCI will introduce a dedicated fund from MDR proceeds for small merchants. This fund aims to expand digital payment ...

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

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 ...

MyUPI is available for UPI-related queries as questions grow around transaction limits, eligible payments and exemptions ...

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 ...

RBI Deputy Governor SC Murmu said the introduction of MDR on select UPI transactions is unlikely to increase cash usage, ...