Merchant Discount Rate
NPCI Defers UPI MDR Charges Until After Diwali, Fintech Stocks Rebound
Business
4 weeks ago
NPCI Defers UPI MDR Charges Until After Diwali, Fintech Stocks Rebound
The National Payments Corporation of India (NPCI) on Tuesday deferred the implementation of UPI MDR charges on select Unified Payments…
UPI customers will never be charged, new MDR framework to fund ecosystem: PhonePe CEO
Technology
September 16, 2026
UPI customers will never be charged, new MDR framework to fund ecosystem: PhonePe CEO
UPI customers will continue to use the Unified Payments Interface without charges under the new Merchant Discount Rate (MDR) framework,…
UPI Sustainability Push: Govt Weighs MDR on Select Transactions, Tiered Incentive Plan
Business
August 13, 2026
UPI Sustainability Push: Govt Weighs MDR on Select Transactions, Tiered Incentive Plan
The government is considering restoring the merchant discount rate (MDR) on select high-value UPI transactions or introducing a tiered incentive…