Neutral impactSector

UPI MDR: What changes from October 15? Here’s what merchants and consumers need to know

Economic Times 10 hrs ago·16 Sept 2026, 1:04 am

New framework from October 15 introduces 0.4% MDR on eligible P2M transactions above ₹2,000, with a ₹300 cap on transactions of ₹75,000 and above. Here's a detailed FAQ on what changes for consumers & merchants.

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