Saturday, 3 October 2026Updated 5m ago
← Market pulse
Policy● Neutral for Indian equities

UPI MDR Charges: Start date, slabs and why is this Merchant Discount Rate being introduced now? All questions answered

1 source · first seen 20:39 3 Oct · updated 20:39 3 Oct

The brief

Written from 1 report · check the source before you trade
  • Payment fees could affect UPI economics for Indian banks and fintech companies

Tags on this story

Pick a tag to see all its stories
UPI4 todayFintech and payments7 today

Linked by the tag UPI

67 stories this week
  1. 3 OctUPI transactions rise 27% to 145 billion in H1 FY27 ahead of new MDRData · 1 source · UPI processed 145 billion transactions in H1 FY27, up 27%
  2. 2 OctUPI volume rises 27% to touch 145 billion in first half of FY27Data · 2 sources · UPI volume rose 27% to 145 billion in the first half of FY27
  3. 1 OctBanks shut for Gandhi Jayanti on October 2; digital services and ATMs remain availablePolicy · 4 sources · Bank branches across India will be closed on Friday, October 2
  4. 1 OctIndian Bank may waive 0.28% MDR on UPI transactionsPolicy · 2 sources · Indian Bank is considering waiving the 0.28% MDR on UPI transactions
  5. 30 SeptUPI usage holds steady in September despite backlash over new MDR normsData · 2 sources · UPI averaged 802 million transactions a day in September, up about 1% from August
All UPI stories →

Read the reports

1 report · earliest 20:39
MintUPI MDR Charges: Start date, slabs and why is this Merchant Discount Rate being introduced now? All questions answered20:39