No MDR on UPI from October 15? Government considers delaying rollout of fees: Report
UPI will continue to be free for consumers, with no transaction fee imposed on person-to-person payments. Will the rollout of Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions be deferred to January 2027? The government may postpone the move which was scheduled to be effective from October 15, 2026, by a few months,…