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UPI Merchant Discount Rate Launches October 2026 | ByteBrief

PolicyET Techabout 3 hours ago

UPI Merchant Discount Rate Launches October 2026

3 min read

India will impose a Merchant Discount Rate on select UPI transactions above Rs 2,000 starting October 15, 2026. The fee, capped at Rs 5 per transaction, applies to merchants in five sectors, while consumer payments remain free.

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