digital payments India

UPI MDR trader protest October 2026 — CAIT merchant pushback and festive season payment mix impact | Maction Consulting

Traders Just Split Over the UPI MDR Protest — Which Is More Useful Data Than the Protest Itself

The planned “No UPI Day” protest for October 2 — which we flagged two weeks ago as the kind of merchant-behaviour question standard trackers don’t capture — just played out in a genu...

UPI MDR October 2026 — 0.4% merchant discount rate launching mid-festive season, Rs 2000 threshold impact on merchant behaviour | Maction Consulting

UPI Stops Being Free for Merchants on October 15 — And It Lands Mid-Festive Season

NPCI issued a circular on September 15 that ends six years of zero-cost UPI for merchants. From October 15, a 0.4% Merchant Discount Rate applies to person-to-merchant transactions above Rs 2,000, cap...