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Development · 17 Sep 2026

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Effective October 15, a 0.4% MDR will apply to eligible person-to-merchant UPI transactions above ₹2,000, subject to a ₹300 cap, and concessional rates for specified sectors.

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The record

Effective October 15, a 0.4% MDR will apply to eligible person-to-merchant UPI transactions above ₹2,000, subject to a ₹300 cap, and concessional rates for specified sectors.

livemint.com17 Sep 2026

A single act of reporting so far, corroborating sources join this record as they publish.

One 97 Communications

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Close (EOD), as of 1 Oct 2026 · source

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