Upi Mdr
-
{
- All
- News
- Videos
-
Paytm Guides 2-3 Quarter Horizon For UPI MDR Transition To Stabilise After Strong Q2 Show
Paytm expects its payment processing margin to expand by 2.5 basis points following the implementation of UPI Merchant Discount Rate, with the full impact of the transition expected to settle over the next two to three quarters, the company said alongside its September quarter results.
-
UPI Merchant Charges Above Rs 2,000 To Be Implemented After Diwali
Big Change For UPI Users: According to the Centre, the proposed MDR is intended to help fund UPI infrastructure, which costs Rs 20,000 crore annually.
-
UPI MDR Framework Needs Rationalisation To Protect Public Trust: Report
IIT Bombay has recommended focusing UPI merchant discount rate charges on businesses with annual turnover of Rs 50 crore or more.
-
No PUC, No Fuel, UPI Merchant Charges: What Changes In October
October brings stricter pollution checks at Delhi petrol pumps, a new merchant fee on larger UPI payments from October 15, and changes to SBI ATM limits, LPG subsidy checks and NPS charges. Ordinary UPI users will not be charged.
-
SC Issues Notice To Govt, RBI, NPCI On Plea Challenging UPI MDR Levy Above Rs 2,000
The Supreme Court also sought an explanation on the scope of executive power to issue the MDR proposal and the rationale for the proposal.
-
'6 Crore Traders Disappointed': Trade Body Urges Nirmala Sitharaman To Roll Back UPI Charges
CTI has asked the Finance Ministry to reconsider MDR charges, saying that a fee on larger UPI transactions could make cash more attractive.
-
'Neither Tax, Nor Cess': FM Nirmala Sitharaman Slams Opposition Over Misinformation' On UPI MDR
From Oct. 15, a 0.4% MDR will apply to person-to-merchant UPI payments above Rs 2,000. The charge will be paid by merchants, not consumers, and will be capped at Rs 300 for transactions of Rs 75,000 or more.
-
Fuel Pumps Warn They Won't Accept UPI Payments Above Rs 2,000 Over New Fee
Petrol pump dealers are seeking a complete exemption from the proposed 0.4% MDR on UPI fuel payments and may stop accepting UPI transactions above Rs 2,000 from October 15.
-
"UPI Payment Will Not Be Accepted": Ghaziabad Traders Put Up Notices Over MDR
"UPI Payment Will Not Be Accepted" notices have appeared outside shops in Ghaziabad as traders protest the proposed MDR on selected UPI transactions above Rs 2,000 from October 15.
-
UPI Fees Won't Pass To Customers, No Extra GST Burden For Merchants: Sources
The charge will be paid by the merchant, not the customer. It will be capped at Rs 300 for transactions of Rs 75,000 and above.
-
'Patently False & Misleading': DFS Rejects Allegation That MDR Introduced Under External Influence
Terming the claims "patently false and misleading," the finance ministry's department issued a point-by-point clarification addressing speculative reports citing the 2026 USTR report. DFS said MDR will enable more domestic companies to operate under UPI.
-
UPI MDR To Attract 18% GST; Merchants Can Claim Input Tax Credit: Official
Under the new framework, UPI person-to-merchant transactions above Rs 2,000 will attract an MDR of 0.4% from October 15, subject to the prescribed cap. The GST at 18% will be levied on this MDR.
-
Risk Of India Returning To Cash Economy: Retailers' Body On UPI Fee
"Small merchants will now think twice about whether to accept cash or UPI," Kumar Rajagopalan, CEO of the Retailers Association of India, said.
-
Decision On UPI Charges A Considered One, Will Not Be Rolled Back: Sources
"The general public will not be affected, and this decision will not be reconsidered," a source said.
-
New UPI Charges: If Digital Payments Save Money, Why Charge For Them Now?
UPI Payments Free For Years: The government has subsidised UPI adoption for years. Official figures show thousands of crores in payouts over years.
-
Paytm Guides 2-3 Quarter Horizon For UPI MDR Transition To Stabilise After Strong Q2 Show
Paytm expects its payment processing margin to expand by 2.5 basis points following the implementation of UPI Merchant Discount Rate, with the full impact of the transition expected to settle over the next two to three quarters, the company said alongside its September quarter results.
-
UPI Merchant Charges Above Rs 2,000 To Be Implemented After Diwali
Big Change For UPI Users: According to the Centre, the proposed MDR is intended to help fund UPI infrastructure, which costs Rs 20,000 crore annually.
-
UPI MDR Framework Needs Rationalisation To Protect Public Trust: Report
IIT Bombay has recommended focusing UPI merchant discount rate charges on businesses with annual turnover of Rs 50 crore or more.
-
No PUC, No Fuel, UPI Merchant Charges: What Changes In October
October brings stricter pollution checks at Delhi petrol pumps, a new merchant fee on larger UPI payments from October 15, and changes to SBI ATM limits, LPG subsidy checks and NPS charges. Ordinary UPI users will not be charged.
-
SC Issues Notice To Govt, RBI, NPCI On Plea Challenging UPI MDR Levy Above Rs 2,000
The Supreme Court also sought an explanation on the scope of executive power to issue the MDR proposal and the rationale for the proposal.
-
'6 Crore Traders Disappointed': Trade Body Urges Nirmala Sitharaman To Roll Back UPI Charges
CTI has asked the Finance Ministry to reconsider MDR charges, saying that a fee on larger UPI transactions could make cash more attractive.
-
'Neither Tax, Nor Cess': FM Nirmala Sitharaman Slams Opposition Over Misinformation' On UPI MDR
From Oct. 15, a 0.4% MDR will apply to person-to-merchant UPI payments above Rs 2,000. The charge will be paid by merchants, not consumers, and will be capped at Rs 300 for transactions of Rs 75,000 or more.
-
Fuel Pumps Warn They Won't Accept UPI Payments Above Rs 2,000 Over New Fee
Petrol pump dealers are seeking a complete exemption from the proposed 0.4% MDR on UPI fuel payments and may stop accepting UPI transactions above Rs 2,000 from October 15.
-
"UPI Payment Will Not Be Accepted": Ghaziabad Traders Put Up Notices Over MDR
"UPI Payment Will Not Be Accepted" notices have appeared outside shops in Ghaziabad as traders protest the proposed MDR on selected UPI transactions above Rs 2,000 from October 15.
-
UPI Fees Won't Pass To Customers, No Extra GST Burden For Merchants: Sources
The charge will be paid by the merchant, not the customer. It will be capped at Rs 300 for transactions of Rs 75,000 and above.
-
'Patently False & Misleading': DFS Rejects Allegation That MDR Introduced Under External Influence
Terming the claims "patently false and misleading," the finance ministry's department issued a point-by-point clarification addressing speculative reports citing the 2026 USTR report. DFS said MDR will enable more domestic companies to operate under UPI.
-
UPI MDR To Attract 18% GST; Merchants Can Claim Input Tax Credit: Official
Under the new framework, UPI person-to-merchant transactions above Rs 2,000 will attract an MDR of 0.4% from October 15, subject to the prescribed cap. The GST at 18% will be levied on this MDR.
-
Risk Of India Returning To Cash Economy: Retailers' Body On UPI Fee
"Small merchants will now think twice about whether to accept cash or UPI," Kumar Rajagopalan, CEO of the Retailers Association of India, said.
-
Decision On UPI Charges A Considered One, Will Not Be Rolled Back: Sources
"The general public will not be affected, and this decision will not be reconsidered," a source said.
-
New UPI Charges: If Digital Payments Save Money, Why Charge For Them Now?
UPI Payments Free For Years: The government has subsidised UPI adoption for years. Official figures show thousands of crores in payouts over years.
