DevET Techabout 2 hours ago
UPI MDR Fee Starts October 15, 2026
4 min read
From October 15, 2026, NPCI's revised MDR framework adds a 0.4% fee on person-to-merchant UPI payments above Rs 2,000, capped at Rs 300. Payments up to Rs 2,000, peer-to-peer transfers, and small merchants under Rs 1,00,000 monthly stay free. NPCI estimates only 4% of merchant transactions are affected, but customers may face surcharges or cash nudges.
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