MDR of 0.4% on UPI trades above Rs 2,000; no charge on person- to-person payment
- Sep 16, 2026
The government has introduced a 0.4 per cent Merchant Discount Rate (MDR) on person-to-merchant (P2M) UPI transactions above Rs 2,000.The new...
The government has introduced a 0.4 per cent Merchant Discount Rate (MDR) on person-to-merchant (P2M) UPI transactions above Rs 2,000.The new...