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Government clarifies UPI users will not be charged, says MDR may apply to select merchants

Government confirms UPI users won't face transaction charges; any future MDR will only apply to select merchants above a threshold.

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Government clarifies UPI users will not be charged, says MDR may apply to select merchants

Government confirms UPI users won't face transaction charges; any future MDR will only apply to select merchants above a threshold.

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Timeline cronologica

mercoledì 5 agosto 2026·economictimes.indiatimes.com
No decision yet on merchant discount rate on UPI deals
Central bank governor Sanjay Malhotra stated it is premature to discuss UPI transaction charges. Discussions are ongoing regarding the payment mechanism's future and costs. The…
giovedì 6 agosto 2026·thehindubusinessline.com
Service charge on UPI transactions makes sense
The current zero-MDR regime puts pressure on govt finances and limits the ecosystem’s ability to invest in long-term infrastructure

Government clarifies UPI users will not be charged, says MDR may apply to select merchants

Confronto fonti

Government clarifies UPI users will not be charged, says MDR may apply to select merchants

Timeline cronologica

No decision yet on merchant discount rate on UPI deals

Service charge on UPI transactions makes sense

UPI MDR may return, but only some merchants will have to pay, Finance Ministry clarifies

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Government clarifies UPI users will not be charged, says MDR may apply to select merchants

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