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Tag: Merchant Discount Rate on UPI

Two days past Deepavali, NPCI yet to announce a date for UPI MDR rollout

Posted on November 11, 2026 By admin
Two days past Deepavali, NPCI yet to announce a date for UPI MDR rollout

The matter of an MDR levy on specified UPI transactions received significant pushback from merchants and petrol pump dealers alike. File photo: X/@UPI_NPCI Two days since Deepavali, the National Payments Council of India is yet to notify a new date for the implementation of the Merchant Discount Rate (MDR) on UPI transactions and The Hindu…

Read More “Two days past Deepavali, NPCI yet to announce a date for UPI MDR rollout” »

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