Merchants to now pay fees on UPI transactions above Rs 2,000 from Oct 15
Direct Source Verification:
This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
The MDR will be effective from October 15, 2026. . This timeline gives acquiring banks, payment aggregators, fintech applications, and corporate accounting platforms adequate lead time to update their software engines and billing systems.
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Original Source
https://timesofindia.indiatimes.com/business/india-business/mdr-on-upi-notified-npci-says-0-4-fee-applicable-on-person-to-merchant-transactions-above-rs-2000-effective-october-15-2026/articleshow/134265294.cms
