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UPI MDR FAQs: What happens to QR payments, AutoPay, SIPs and utility bills? Key things every UPI user must know

NPCIs new UPI MDR framework from 15 October will impose a 0.4% charge on select merchant transactions above 2,000, but consumers will continue to make UPI payments for free. NPCI has also clarified that there will be no monthly cap or platform fee for users.