UPI MDR: Who will pay, who won’t, and what the new rules mean | Government clarifies

UPI MDR rules
Covered by 4 sources
- Business Today IN·10h agoNo, your UPI transactions aren't getting charged: Government refutes fee rumors claims
Addressing misinterpretations over proposed legislative changes, the government confirmed that consumers will face zero transaction fees on everyday payments, and all Person-to-Person (P2P) transfers will continue without any charges.
Read at Business Today IN → - Business Standard·10h agoGovt clarifies UPI to remain free; MDR may apply to large merchants later
The Ministry of Finance said UPI users will continue to pay no transaction charges, while a possible MDR could apply only to select merchant transactions above a threshold.
Read at Business Standard → - Mint Business·12h agoUPI MDR: Who will pay, who won’t, and what the new rules mean | Government clarifies
The government confirmed UPI will remain free for consumers and small merchants, with potential MDR charges applicable only to select transactions above a threshold.
Read at Mint Business → - India Today Top·12h agoUPI will stay free for users, some merchants may face small fees later: Govt
UPI will stay free for users some merchants may face small fees later Govt
Read at India Today Top →
