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UPI MDR fee: Why did the govt decide to implement charges after Diwali 2026?

LiveMint - Money · 13 October 2026 at 2:42 pm

UPI MDR fee: Why did the govt decide to implement charges after Diwali 2026?

UPI MDR fee update: NPCI has deferred the implementation of Merchant Discount Rate (MDR) charges on select person-to-merchant (P2M) UPI transactions until after Diwali 2026.

The exact date is yet to be announced.

The deferment does not mean the proposed charges have been cancelled.

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UPI Merchant Charges Above Rs 2,000 To Be Implemented After Diwali

NDTV · 2 h ago

UPI MDR fee: Why did the govt decide to implement charges after Diwali 2026?

This story in other outlets

UPI Merchant Charges Above Rs 2,000 To Be Implemented After Diwali

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