UPI Charges Above ₹2,000: New 0.4% MDR Rule, Government Clarification and Congress Row By: News Desk | 15 September 2026 New Delhi: India’s six-year experiment with completely free UPI merchant payments is set for a significant change from October 15, with the National Payments Corporation of India (NPCI) introducing a 0.4% Merchant Discount Rate (MDR) on specified person-to-merchant UPI transactions above ₹2,000. The move has triggered a political dispute, with the Congress accusing the Centre of moving away from its earlier promise of keeping UPI free, while the government maintains…
Read MoreUPI Charges Above ₹2,000: Government Clarifies New Rule as Congress Raises ‘Wallet Row’
