UPI MDR
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 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…