UPI New Rules: MDR Charges, Fuel, Insurance, Bills And Railway Payments Explained
The new UPI framework has introduced changes to how certain merchant transactions are charged, including a 0.4% merchant discount rate ...
Tag: MDR
Ashneer Grover On UPI Merchant Fee: ‘End Of Day, Consumer Pays’
Entrepreneur and BharatPe co-founder Ashneer Grover has questioned the proposed merchant charge on UPI transactions above Rs 2,000, arguing that ...
UPI Stays Free for People and Most Shops. Here’s What Actually Changes
India’s Unified Payments Interface will remain completely free for every person-to-person transfer, the Ministry of Finance said on 15 September ...
UPI Merchant Charges: PCI Supports MDR for Large Businesses, Consumers Exempt
The Payments Council of India (PCI) has welcomed the government’s move to allow merchant discount rates (MDR) on Unified Payments ...
Centre Introduces Bill Allowing UPI Charges on Transactions Above Rs 2,000
The Centre has introduced the Taxation and Other Laws (Amendment) Bill, 2026 in the Lok Sabha, proposing legal changes that could allow ...
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