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The Mumbai

UPI Charges Explained: What Is MDR And Will Customers Pay For Transactions Above ₹2,000?

Mumbai, September 15, 2026: The National Payments Corporation of India (NPCI) on Tuesday announced a 0.4% Merchant Discount Rate (MDR) on certain Unified Payments Interface (UPI) transactions to merchants when the payment exceeds Rs 2,000, while clarifying that customers will not be charged for m...

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