UPI MDR Rollout Deferred Beyond Diwali; Date yet to Be Notified

UPI charges after Diwali: Will customers pay extra on payments above ₹2,000? NPCI's MDR rollout likely in Nov

With Diwali over, NPCI has yet to announce the implementation date for MDR on select UPI payments above ₹2,000. Here's what you need to know about the proposed 0.4% charge, sector-specific rates, and whether merchants or customers will bear the additional cost.

UPI MDR rollout deferred beyond Diwali; date yet to be notified

NPCI framework, announced on September 15, was scheduled to take effect on October 15. It prescribed a 0.4% fee on eligible bank account-funded merchant payments above Rs 2,000, capped at Rs 300 per transaction.

Merchants seek clarity on UPI MDR rollout after Diwali - OrissaPOST

New Delhi: Merchants are awaiting a revised rollout date from the National Payments Corporation of India (NPCI) of Merchant Discount Rate (MDR) charges on select person-to-merchant (P2M) Unified Payments Interface (UPI) transactions. NPCI had deferred the introduction of MDR charges beyond the originally planned October 15 rollout to avoid additional transaction costs during the festive […]

Merchants Await NPCI Clarity on UPI MDR Charges After Diwali

New Delhi, November 10, 2026 (Yes Punjab News) Merchants are awaiting a revised implementation date from the National Payments Corporation of India (NPCI) for Merchant Discount Rate (MDR) charges on select person-to-merchant (P2M) Unified Payments Interface (UPI) transactions. NPCI had deferred the introduction of MDR charges beyond the originally scheduled October 15 rollout to avoid […]

UPI payments above ₹2,000 to attract 0.4% MDR after Diwali? Who pays, who is exempt and when charges begin - BusinessToday

The National Payments Corporation of India (NPCI) had originally scheduled the new Merchant Discount Rate (MDR) framework for October 15, 2026. However, its UPI and Services Steering Committee deferred implementation on October 13, citing the festive season.