UPI merchant payment above ₹2,000 showing the new 0.4% MDR in India

UPI Payments Above ₹2,000 to Attract 0.4% Merchant Fee: What Customers Should Know

NPCI has announced a 0.4% Merchant Discount Rate on eligible UPI merchant payments above ₹2,000 from October 15, 2026. Customers will not pay the fee, while person-to-person transfers, small payments and eligible small merchants remain protected.

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