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UPI Payments Above Rs 2,000 Face 0.4% MDR, Know- Who Will Actually Pay?

UPI Payments Above Rs 2,000 Face 0.4% MDR, Know- Who Will Actually Pay?
Photo: Free Press Journal · view original

New Delhi: UPI payments above Rs 2,000 will attract charges of up to 0.4 percent from October 15, 2026, under a revised Merchant Discount Rate framework announced by the National Payments Corporation of India. However, consumers will not pay the levy. New Framework Begins The MDR will apply only...

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