UPI users can transfer more than Rs 2,000 to another individual without paying any levy. The government has clarified that ...

Starting October 15, NPCI will implement a 0.4% Merchant Discount Rate on UPI transactions over Rs 2,000, affecting select ...

The new MDR framework is aimed at creating a sustainable funding model for the UPI ecosystem, with revenue intended to ...

P2M transactions above ₹2,000 will attract an MDR of 0.4%, capped at ₹300 when the payment value reaches ₹75,000.

The government on Tuesday, September 15, set a 0.4 per cent charge on UPI payments above Rs 2,000 to merchants.

New UPI MDR rules keep P2P and payments up to Rs 2,000 free, while select merchant transactions above the threshold will ...

The government on Tuesday introduced a new framework for large digital merchant payments, imposing a 0.4 per cent charge on ...

Twelve Florida laws take effect Oct. 1, including new rules for drivers, renters and criminal offenses. Here's what you need ...

Small merchants earning up to Rs 1 lakh a month stay fully exempt - a carve-out the government says shields 96 per cent of ...

The move ends the zero-MDR regime that has been in place since January 2020, introduced to drive digital payments adoption but long criticised by banks and fintechs as unsustainable.

A revised Merchant Discount Rate framework for UPI payments is set to take effect starting October 15, 2026, applying ...

The UPI Steering Committee met on September 15 and has fixed the UPI MDR at 40 bps for transactions above Rs 2,000. MDR is ...