UPI MDR on Select Merchant Transactions Shall be Implemented Post Diwali
Mumbai, 13 October 2026: UPI and Services Steering Committee today decided that, keeping in mind the festive season, Merchant Discount
UPI News
UPI MDR rollout may be deferred beyond festive season to Jan 1; shares fall: Report
A proposal to defer the rollout of merchant discount rates (MDR) on Unified Payments Interface (UPI) to January 1 from
SC asks Centre to explain UPI charges above ₹2,000, refuses to stay levy
The Supreme Court on Monday sought an affidavit from the Centre explaining the legal and policy basis for allowing charges
GST on MDR will not impose additional burden on merchants: NPCI explains how they can adjust it against tax liability
A Merchant Discount Rate (MDR) of 0.4% will be applied to Person-to-Merchant (P2M) UPI transactions above ₹2,000 from 15 October
UPI payments: GST on MDR applicable, but customers should not bear merchant charges, government sources say
Customers should not bear merchant payment charges, government sources told news agency ANI. Officials will closely monitor implementation to ensure
UPI MDR above Rs 2,000 to attract 18% GST, merchants can claim input tax credit
The new merchant discount rate (MDR) on UPI payments above Rs 2,000 will attract 18% Goods and Services Tax (GST),
UPI Continues to Remain Free for Peer to Peer Transactions and 96% of Merchant Transactions
The new UPI framework introduced has no impact on any person to person transactions. UPI will continue to remain completely
UPI charges above Rs 2,000: What happens when you pay Rs 2,500, Rs 5,000 or Rs 20,000?
The government has guaranteed that banks and payment system providers cannot impose direct or indirect charges on UPI transactions of
‘Completely false’: Finance ministry says no plan to impose MDR on UPI payments
The Union finance ministry dismissed reports of government planning to levy merchant discount rate (MDR) on large-ticket UPI transactions. In
