Skip to main content
All News
personal finance Neutral

UPI MDR fee: Why did the govt decide to implement charges after Diwali 2026?

Livemint 13 October 2026 at 11:12 am 1 min read 1 views Read Original
UPI MDR fee: Why did the govt decide to implement charges after Diwali 2026?

UPI MDR fee update: NPCI has deferred the implementation of Merchant Discount Rate (MDR) charges on select person-to-merchant (P2M) UPI transactions until after Diwali 2026. The exact date is yet to be announced. The deferment does not mean the proposed charges have been cancelled.

#personal_finance