{"id":1035813,"date":"2026-09-16T09:22:19","date_gmt":"2026-09-16T03:52:19","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1035813"},"modified":"2026-09-16T09:27:32","modified_gmt":"2026-09-16T03:57:32","slug":"upi-mdr-what-changes-for-merchants-consumers-and-payments-above-rs-2000-from-october-15","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/16\/upi-mdr-what-changes-for-merchants-consumers-and-payments-above-rs-2000-from-october-15\/","title":{"rendered":"UPI MDR: What changes for merchants, consumers and payments above Rs 2,000 from October 15"},"content":{"rendered":"<p>Ending nearly six years of zero-fee UPI merchant payments, the government on Tuesday introduced a 0.4 per cent Merchant Discount Rate (MDR) on person-to-merchant (P2M) UPI transactions above Rs 2,000, with the new framework coming into effect from October 15. <\/p>\n<p>The government, however, has ring-fenced person-to-person payments and low-value merchant transactions from the levy, while stressing that consumers will continue to use UPI free of cost.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ending nearly six years of zero-fee UPI merchant payments, the government on Tuesday introduced a 0.4 per cent Merchant Discount Rate (MDR) on person-to-merchant (P2M) UPI transactions above Rs 2,000, with the new framework coming into effect from October 15. The government, however, has ring-fenced person-to-person payments and low-value merchant transactions from the levy, while stressing that consumers will continue to use UPI free of cost.<\/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":[75,4,17],"tags":[],"class_list":["post-1035813","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035813","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=1035813"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035813\/revisions"}],"predecessor-version":[{"id":1035836,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1035813\/revisions\/1035836"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1035813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1035813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1035813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}