The UPI Steering Committee met on September 15 and has fixed the UPI MDR at 40 bps for transactions above Rs 2,000. MDR is ...
"$3 → $300 → $0.70"...Former President’s Son’s Memecoin Goes on a Roller-Coaster Ride ...
NPCI has issued FAQs stating that merchants will pay 0.4% MDR on Person-to-Merchant (P2M) UPI transactions above Rs 2,000, ...
Indra unveiled the Squall cruise missile on September 16, 2026, at the UNVEX defense exhibition in San Javier, Murcia. The ...
The government on Tuesday set a 0.4 per cent charge on UPI payments above Rs 2,000 to merchants and capped the fee at Rs 300 for payments of Rs 75,000 and above as it rolled out a framework for large ...
Press Trust of India on MSN
After six free years, govt sets 0.4% fee on UPI payments above Rs 2,000, capped at Rs 300
VO: The government on Tuesday introduced a 0.4 per cent transaction fee on UPI payments above Rs 2,000 made to merchants, ...
NPCI's new 0.4% MDR charge on UPI payments over ₹2,000 excludes small merchants and person-to-person transactions.
ENGWE and Anker eufy are dominating our midweek Green Deals. First up is the increased savings on ENGWE’s latest ...
The Centre’s decision to introduce Merchant Discount Rate (MDR) on select Unified Payments Interface (UPI) merchant ...
LocalCircles survey reveals only 17% of merchants accept 0.4% MDR on UPI payments over ₹2,000, impacting businesses.
India Today on MSN
Why has govt added 0.4% MDR on merchant UPI payments above Rs 2,000?
The government has imposed MDR on select high-value UPI merchant transactions from October 15, 2026. It says the fee will ...
The Ministry of Finance stated that the lower rate is intended to support continued retail participation in formal financial markets.
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