Kalam Times

UPI MDR From October 15: Some Traders Resist Digital Payments, but Customers Will Not Pay the New Charge

India's Unified Payments Interface (UPI) is heading for an important change from October 15, 2026, when a new Merchant Discount Rate (MDR) will apply to specified higher-value merchant transactions. The announcement has already triggered concern among some traders, with reports of businesses conside...