Monday, 5 October 2026Updated 15m ago
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Will MDR help UPI become sustainable?

1 source · first seen 13:14 5 Oct · updated 13:14 5 Oct

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64 stories this week
  1. 5 OctIndia's UPI is going global again. Zimbabwe is now in talks to adopt itPolicy · 1 source
  2. 5 OctUPI MDR charges: How does it compare to traditional Debit, Credit Card per transaction? Cost difference explainedPolicy · 1 source · Eligible P2M UPI transactions above ₹2,000 will incur a 0.4% MDR charge from 15 October 2026
  3. 5 OctUPI MDR should not attract any GST: Former RBI Governor C RangarajanPolicy · 1 source · Former RBI Governor C Rangarajan said UPI MDR should not attract GST
  4. 5 OctB2B platform Pneucons claims new MDR could eat 94% of its margins: What others say on UPI paymentsPolicy · 1 source
  5. 5 OctUPI MDR: Why do railways, insurance, fuel, telecom get a Rs 5 cap while others face 0.4%?Policy · 1 source
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Part of a developing story3 updates over 2 days

UPI merchant discount charges

A new MDR framework is set to apply from October 15 to UPI merchant payments above ₹2,000, though not all merchants or transactions will be affected. A LocalCircles survey estimated UPI transaction volumes could fall 4% and value 10% if merchants pass charges on.

Monday, 5 October

  1. You are here
    Will MDR help UPI become sustainable?

Sunday, 4 October

  1. UPI MDR Charges: Will small-value transactions be impacted? What's Person-to-Merchant (P2M) fees? Details inside
  2. 2 sources
    UPI transaction value may drop 10% after Oct 15 MDR rollout: Survey

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Business TodayWill MDR help UPI become sustainable?13:14