economyDevelopingUpdated 23 h ago · since 17 Sept 2026
NPCI announces 0.4% MDR fee for person-to-merchant transfers exceeding ₹2000
NPCI announced to charge merchants a fee of 0.4% of the transaction for person-to-merchant transfers of value exceeding ₹2000 as an MDR.
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India
- Merchants to be charged 0.4% for UPI transactions over ₹2,000; small vendors exempt · The Hindu Business
- SEBI to hear broker and AMC concerns on MDR · The Hindu Business