Monday, 5 October 2026Updated 15m ago
← Market pulse
Policy● Neutral for Indian equities

UPI MDR charges: How does it compare to traditional Debit, Credit Card per transaction? Cost difference explained

1 source · first seen 20:40 5 Oct · updated 20:40 5 Oct

The brief

Written from 1 report · check the source before you trade
  • Eligible P2M UPI transactions above ₹2,000 will incur a 0.4% MDR charge from 15 October 2026
  • Merchant payment costs may rise for Indian retailers and payment-service providers

Tags on this story

Pick a tag to see all its stories
UPI9 todayFintech and payments16 today

Linked by the tag UPI

64 stories this week
  1. 5 OctWill MDR help UPI become sustainable?Policy · 1 source
  2. 4 OctUPI MDR Charges: Will small-value transactions be impacted? What's Person-to-Merchant (P2M) fees? Details insidePolicy · 1 source · A new MDR framework applies from October 15 to UPI merchant payments above ₹2,000
  3. 4 OctUPI transaction value may drop 10% after Oct 15 MDR rollout: SurveyData · 2 sources · LocalCircles estimates UPI transaction volumes could fall 4% and value 10%
  4. 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%
  5. 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
All UPI stories →

Read the reports

1 report · earliest 20:40
MintUPI MDR charges: How does it compare to traditional Debit, Credit Card per transaction? Cost difference explained20:40