UPI MDR rollout delayed? 0.4% fee on payments above ₹2,000 may start in January 2027
UPI MDR rollout may be delayed from October 15 to January 2027, giving merchants and payment firms more time to prepare. The proposed 0.4% fee applies to eligible UPI merchant payments above ₹2,000, while consumers remain exempt.
The News Flicker
UPI MDR rollout may be delayed from October 15 to January 2027, giving merchants and payment firms more time to prepare. The proposed 0.4% fee applies to eligible UPI merchant payments above ₹2,000, while consumers remain exempt.
India is considering delaying the implementation of a proposed fee on large-value transactions through the Unified Payments Interface (UPI) by a few months, Reuters reported on Thursday, citing a reg…
Originally published by Livemint. Read the full article →
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