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Business

UPI MDR: Will UPI Apps start charging platform fee on UPI payments? Know here

LiveMint - Money · 10 October 2026 at 3:04 pm

UPI MDR: Will UPI Apps start charging platform fee on UPI payments? Know here

Consumers will not pay extra for UPI transactions when a new merchant discount rate takes effect on October 15.

Merchants will pay a 0.4% fee on qualifying payments above ₹2,000, capped at ₹300, and cannot pass the charge on to customers.

Read the full article on LiveMint - Money ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.livemint.com — the content belongs to LiveMint - Money.

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