Skip to content
The Mumbai

New UPI MDR From October 15, Know- Will Indians Pay Extra While Using UPI In 11 Foreign Countries?

New UPI MDR From October 15, Know- Will Indians Pay Extra While Using UPI In 11 Foreign Countries?
Photo: Free Press Journal · view original

Mumbai: India’s new Unified Payments Interface (UPI) Merchant Discount Rate (MDR), scheduled to take effect from October 15, 2026, could extend beyond the country’s borders. According to Finance Ministry sources, the revised MDR framework will also apply in 11 countries where UPI payment services...

Sources and story details