UPI new rules from Oct 15: What happens to insurance, SIP payments? Will Netflix, phone bills via AutoPay get costlier?
The new UPI rules will change how certain high-value merchant transactions are handled from 15 October, bringing insurance and capital-market payments under the merchant discount rate (MDR) framework. Will that mean your insurance, SIP, and OTT subscriptions will increase?
How will your insurance and SIP payments be charged?
