{"id":1035783,"date":"2026-09-16T09:02:09","date_gmt":"2026-09-16T03:32:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1035783"},"modified":"2026-09-16T09:02:36","modified_gmt":"2026-09-16T03:32:36","slug":"the-new-upi-merchant-fee-what-changes-what-doesnt","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/16\/the-new-upi-merchant-fee-what-changes-what-doesnt\/","title":{"rendered":"The new UPI merchant fee: What changes, what doesn\u2019t"},"content":{"rendered":"<p>Starting October 15, merchants will pay a fee \u2014 the merchant discount rate (MDR) \u2014 on UPI payments above Rs 2,000, ending six years of zero MDR. The NPCI\u2019s FAQs, released on Tuesday, spell out who pays, who is exempt, and why. Here is what changes, and what doesn\u2019t, for consumers and merchants <\/p>\n<p>What exactly has been announced? <\/p>\n<p>An MDR of 0.4% on person-to-merchant (P2M) UPI payments above Rs 2,000, payable by the merchant to its acquiring bank. For transactions of Rs 75,000 and above, the fee is capped at Rs 300. Payments up to Rs 2,000 \u2014 over 95% of P2M volume \u2014 attract no charge. The framework takes effect on October 15, giving banks, payment aggregators, and fintech apps time to update systems.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Starting October 15, merchants will pay a fee \u2014 the merchant discount rate (MDR) \u2014 on UPI payments above Rs 2,000, ending six years of zero MDR. The NPCI\u2019s FAQs, released on Tuesday, spell out who pays, who is exempt, and why. Here is what changes, and what doesn\u2019t, for consumers and merchants What exactly has been announced? An MDR of 0.4% on person-to-merchant (P2M) UPI payments above Rs 2,000, payable by the merchant to its acquiring bank. For transactions of Rs 75,000 and above, the fee is capped at Rs 300. Payments up to Rs 2,000 \u2014 over 95% [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-1035783","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1035783"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035783\/revisions"}],"predecessor-version":[{"id":1035805,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035783\/revisions\/1035805"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1035783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1035783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1035783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}