UPI merchant discount rate

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...