SENSEX
NIFTY
GOLD
USD/INR

Weather

image 35    C

Personal Finance News

The Economic Times

Personal Finance / The Economic Times

details

UPI MDR may return for large merchants: What it means for your digital payments

India's government is considering a small Merchant Discount Rate for large UPI retailers. This potential change aims to create a sustainable revenue model for payment providers. Large merchants with significant annual turnover would face this minor transaction fee. Peer-to-peer and small merchant transactions will remain free of any charges.

18 Jul 2026 9:44 am