UPI charges
Traders Urge NPCI to Defer New UPI MDR Framework Beyond October 15
Business
October 8, 2026
Traders Urge NPCI to Defer New UPI MDR Framework Beyond October 15
Traders’ bodies have urged the National Payments Corporation of India (NPCI) to defer the rollout of the new UPI MDR…
UPI MDR Won’t Impact Transaction Volumes: RBI Governor Sanjay Malhotra
Business
October 7, 2026
UPI MDR Won’t Impact Transaction Volumes: RBI Governor Sanjay Malhotra
Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Wednesday that the new merchant charges on Unified Payments Interface…
UPI MDR Could Create Rs 20,000 Crore Annual Revenue Pool for Banks and Payment Firms
Business
September 16, 2026
UPI MDR Could Create Rs 20,000 Crore Annual Revenue Pool for Banks and Payment Firms
The UPI MDR on select person-to-merchant transactions could create an annual revenue pool of up to Rs 20,000 crore for…
UPI payments up to Rs 2,000 to remain free of bank charges: Govt
Technology
September 15, 2026
UPI payments up to Rs 2,000 to remain free of bank charges: Govt
The government on Monday announced that banks cannot impose any charges on UPI payments up to Rs 2,000, providing clarity…
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…