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Upi Mdr News

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Retailers Express Concern Over New UPI MDR Charges

The Retailers Association of India (RAI) has voiced concerns that the government's new 0.4 per cent Merchant Discount Ra

Rediff 16 Sep 2026 3:23 pm

UPI MDR debate intensifies: What MobiKwiks Upasana Taku, BharatPes Ashneer Grover and PhonePes Sameer Nigam said

The debate over UPI transaction fees reignites as the government announces merchant charges on transactions over 2,000.

Livemint 16 Sep 2026 3:16 pm

UPI MDR Row: Opposition Cries 'American Imperialism'

Opposition parties, including Congress, TMC, and RJD, have strongly criticised the government's decision to impose a 0.4

Rediff 16 Sep 2026 2:31 pm

UPI MDR opens new revenue pool for PSPs; sharing formula key

Step towards a sustainable payments ecosystem, says a market player

The Hindu Businessline 16 Sep 2026 2:18 pm

RSS Affiliate Asks Government To Reconsider UPI MDR

The RSS-affiliated Swadeshi Jagran Manch (SJM) has urged the government to reconsider imposing a merchant discount rate

Rediff 16 Sep 2026 2:09 pm

'Tax maximisation' or a 'much-needed step'? Verdict split on UPI MDR

UPI MDR has sparked a debate among major fintech players, with some calling it necessary for sustainability while others

Business Standard 16 Sep 2026 1:53 pm

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 c

Livemint 16 Sep 2026 1:33 pm

UPI MDR from Oct 15: Will your SIP, automated insurance payments cost more?

The payment method matters: One-time UPI transactions and automated mandates will be treated differently under the new f

Business Standard 16 Sep 2026 1:18 pm

UPI MDR: CMS Info Systems And Other ATM Related Stocks Soar Up To 10%. Know why

CMS Info Systems jumped as high as 7.22% to Rs 239 apiece, while Radiant Cash Management soared 10.03% to a high of Rs 3

NDTV 16 Sep 2026 1:13 pm

Indian Finance Ministry Dismisses Claims of Foreign Interference in UPI MDR Implementation

The Finance Ministry refutes claims of foreign influence in UPIs Merchant Discount Rate, affirming Indias independent di

Daily Kiran 16 Sep 2026 1:13 pm

'No Guarantee Customers Will Trade': Zerodha's Nithin Kamath Flags UPI MDR Risk For Brokers

If brokers have to bear a UPI cost every time clients move money into their accounts regardless of whether they trade, K

NDTV 16 Sep 2026 1:02 pm

UPI MDR: Paytm CEO Calls It 'Robin Hood' Approach, Says It Protects Small Merchants

Paytm founder and CEO Vijay Shekhar Sharma said that bringing larger payments under a charge structure, while keeping sm

NDTV 16 Sep 2026 1:00 pm

Who has to pay MDR on UPI and who stands to gain the most? | Explained

What is the new UPI MDR system? Who will have to pay the charges? Which transactions will remain free? How much could ba

The Hindu 16 Sep 2026 12:45 pm

Run a small shop? How to check whether UPI MDR applies to you

UPI payments above 2,000 will attract a merchant fee for eligible businesses from October 15. Here's how small shopkeepe

Business Standard 16 Sep 2026 12:30 pm

UPI MDR 'inevitable' amid surge in digital payment adoption, says Zerodha's Nithin Kamath

Digital Desk | New Delhi, Sep 16 (IANS) Zerodha CEO Nithin Kamath on Wednesday backed the recently introduced Merchant D

bhaskarlive 16 Sep 2026 12:26 pm

Nithin Kamath says new UPI charges on investing, broking dont make sense: 'I don't see how we can absorb this indefinitely'

Zerodha CEO Nithin Kamath said the new UPI MDR framework may not make economic sense for investing and broking, where cu

The Economic Times 16 Sep 2026 12:23 pm

UPI MDR explained: How new charges compare with debit, credit cards

Credit cards can cost merchants 1.5-2.5%, while debit cards can cost up to 0.9%; new UPI MDR is capped at Rs 300

Business Standard 16 Sep 2026 12:16 pm

UPI MDR explained for investors: How will new charges impact your mutual fund SIPs and stock investments?

From October 15, MDR will apply to select UPI person-to-merchant payments above Rs 2,000, but not to all such transactio

The Economic Times 16 Sep 2026 12:01 pm

UPI MDR changes: Govt debunks 'foreign influence' claims

Digital Desk | New Delhi, Sep 16 (IANS) Finance Ministry on Wednesday debunked claims which suggested that the MDR chang

bhaskarlive 16 Sep 2026 11:55 am

'Inevitable, more competition': Nithin Kamath backs UPI MDR but flags cost burden for brokers

Nithin Kamath, Zerodha co-founder, backed Merchant Discount Rate (MDR) on UPI, calling it inevitable and saying it could

Livemint 16 Sep 2026 11:48 am

What will happen to investors on digital broking platform? INDmoney CEO responds to UPI MDR charges

What would it cost to run an investment app that adds 200 crore to wallets for stock and derivative trading / invested i

Livemint 16 Sep 2026 11:29 am

Paytm stock hits 52-week high after NPCI introduces UPI MDR

The stock opened sharply higher at 1,830 and has seen heavy trading volume of over 1.09 crore shares worth 1,956 crore s

The Hindu Businessline 16 Sep 2026 11:28 am

Modi Govt Accused Of US Appeasement Over UPI MDR Fee

The Congress party has strongly criticised the Modi government's decision to introduce a 0.4% Merchant Discount Rate (MD

Rediff 16 Sep 2026 11:01 am

Paytm wins, but ATM also wins! Why CMS Info Systems shares jumped 7% on UPI MDR

CMS Info Systems shares rose on Wednesday after the government announced MDR on select UPI transactions above Rs 2,000,

The Economic Times 16 Sep 2026 10:58 am

UPI MDR charges: What general users need to know about the new rules

New UPI MDR rules will apply to select merchant transactions, but consumers can continue using UPI for daily payments, Q

Business Standard 16 Sep 2026 10:34 am

UPI MDR: Brokerages estimate annual industry revenue pool of up to Rs 20,000 crore

Digital Desk | New Delhi, Sep 16 (IANS) The Merchant Discount Rate (MDR) on select UPI payments could create an annual r

bhaskarlive 16 Sep 2026 10:27 am

UPI MDR: PhonePe's CEO Sameer Nigam Says 96% Of Transactions Will Remain Free

PhonePe CEO Sameer Nigam stated that 96% of UPI transactions will remain free after the introduction of a 0.4% MDR on tr

NDTV 16 Sep 2026 10:07 am

RBI Says New UPI MDR Framework Will Strengthen Digital Payments Ecosystem

The Reserve Bank of India has said the latest changes to UPI payments are aimed at making the digital payment system fin

indicanews 16 Sep 2026 9:18 am

UPI MDR from October 15: Will your mutual fund SIP, insurance premium or OTT AutoPay get costlier?

UPI will introduce MDR on select merchant payments above 2,000 from 15 October, but the new charge does not apply unifor

Livemint 16 Sep 2026 8:56 am

UPI MDR Impact: Paytm, Pine Labs To Get Earnings Boost, Banks Biggest Winners, Say Brokerages

UPI MDR could materially boost payment-industry earnings. Goldman Sachs, Morgan Stanley, UBS and Citi estimate the reven

NDTV 16 Sep 2026 8:51 am

Businesses divided on UPI MDR; retailers wary, quick commerce unfazed

Distributors flag concerns over the new UPI merchant charges, while quick-commerce firms expect limited impact as most t

Business Standard 15 Sep 2026 11:46 pm

UPI MDR: RBI Explains New Transaction Fee

The Reserve Bank of India (RBI) has endorsed the introduction of a Merchant Discount Rate (MDR) on UPI transactions exce

Rediff 15 Sep 2026 11:12 pm

UPI MDR seen as sustenance fee, not windfall; small merchants remain shielded

A new merchant discount rate will fund UPI's expanding infrastructure costs. Large value person-to-merchant transactions

The Economic Times 15 Sep 2026 10:33 pm

UPI MDR charges from October 15: Who will pay on transactions above 2,000?

UPI payments above 2,000 to certain merchants will attract a Merchant Discount Rate (MDR) of 0.4% from October 15. But w

The Hindu 15 Sep 2026 10:09 pm

NSE expects short-term impact on transaction volumes from UPI MDR charges

The new framework marks a significant shift in the pricing structure for large digital merchant payments after years of

The Hindu Businessline 15 Sep 2026 9:28 pm

New UPI MDR Framework From Oct 15: All You Need To Know | FAQs

UPI will introduce a 0.4% MDR on P2M transactions above 2,000 from October 15, 2026, while keeping consumer and small-va

Deccan Chronicle 15 Sep 2026 9:03 pm

New UPI MDR rules explained: Will you pay more? What it means for users like you and me

UPI remains free for person-to-person payments under new MDR rules. Here's what changes for merchant payments and what i

Livemint 15 Sep 2026 9:01 pm

Fintech companies make a big demand on the government for UPI MDR - 'Our share should be legally fixed'

To reduce their dependence on banks, payment aggregators have pressured the government to share directly in merchant fee

Kalam Times 28 Aug 2026 3:20 pm

Payment aggregators push for fixed and direct share of UPI MDR

The demand is likely to draw resistance, as payment aggregators are not direct members of the UPI network run by the NPC

Business Standard 27 Aug 2026 11:28 pm

Selective UPI MDR Will Need Reliable Merchant Intelligence, Not Just a Pricing Rule

Selective UPI MDR Will Need Reliable Merchant Intelligence, Not Just a Pricing Rule

The Hindu 21 Aug 2026 5:30 pm

MDR on UPI payments: Six rules govt must settle before charges can start

The Bill opens the door to selective UPI MDR, but leaves the operating details undecided. Here are six questions the fin

Business Standard 17 Aug 2026 9:04 am

UPI MDR debate: Why 2,000 is in focus and what it means for users

The government has not notified 2,000 as an MDR threshold, but the existing incentive framework and transaction data exp

Business Standard 17 Aug 2026 7:56 am

MDR in future only on limited merchant transactions above a threshold: FM

FM says any future UPI MDR will apply only to high-value merchant transactions, while consumers and small merchants will

Business Standard 10 Aug 2026 8:08 pm

Charges On UPI Transactions? RBI Governor Says 'Costs Have To Be Paid By Someone'

Finance Minister Nirmala Sitharaman has tabled changes to the Payment and Settlement Systems Act in Parliament, which op

NDTV 5 Aug 2026 2:05 pm