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UPI MDR rollout deferred until after Diwali
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Livemint
Livemint· Mainstream· 1h ago
UPI MDR rollout deferred until after Diwali
The decision comes just two days before the proposed implementation of the revised MDR framework on 15 October, providing additional time for banks, payment service providers and merchants to prepare for the new charging structure.
Business Standard· Mainstream· 1h ago
UPI MDR deferred until after Diwali, new date to be notified: NPCI
NPCI has postponed the levy of MDR on select UPI merchant transactions, originally due from October 15, while leaving the proposed fee structure unchanged
Times of India — Top Stories· Mainstream· 1h ago
MDR on UPI transactions over Rs 2,000 deferred; to come into effect post Diwali
The government has announced a delay in implementing the Merchant Discount Rate for Unified Payments Interface transactions, pushing back the launch initially scheduled for October 15 to after Diwali. This postponement aims to avoid potential payment disruptions amid the festive shopping surge, allo
India Today· Mainstream· 1h ago
UPI fee on merchant transactions above Rs 2,000 to be implemented after Diwalli
The UPI and Services Steering Committee decided that MDR on select person-to-merchant (P2M) transactions would be implemented immediately after Diwali. The exact date will be announced separately, said NPCI in a release.
The Hindu BusinessLine
The Hindu BusinessLine· Mainstream· 1h ago
Hotels in Keralam to stop accepting UPI payments above ₹2,000 from October 15
According to the association, the introduction of a 0.4% MDR on bills would increase the financial burden on small establishments.
The Hindu
The Hindu· Mainstream· 3h ago
MDR on UPI: Keralam hotels association says will stop accepting UPI payments above ₹2,000 from October 15
Announcement following introduction of 0.4% UPI merchant discount rate, which the association says will impose additional financial burden on small establishments
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