{"id":1043119,"date":"2026-10-14T10:00:03","date_gmt":"2026-10-14T04:30:03","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1043119"},"modified":"2026-10-14T10:46:51","modified_gmt":"2026-10-14T05:16:51","slug":"npci-defers-0-4-mdr-on-upi-transactions-above-rs-2000-until-after-diwali-traders-welcome-the-move","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/10\/14\/npci-defers-0-4-mdr-on-upi-transactions-above-rs-2000-until-after-diwali-traders-welcome-the-move\/","title":{"rendered":"NPCI defers 0.4% MDR on UPI transactions above Rs 2,000 until after Diwali; traders welcome the move"},"content":{"rendered":"<p>In a relief to UPI users, the proposed levy of a Merchant Discount Rate (MDR) of 0.4 per cent on transactions above Rs 2,000 has been deferred, with the National Payments Corporation of India (NPCI) saying on Tuesday that a new implementation date would be announced after Diwali. <\/p>\n<p>According to an NPCI circular issued last month, the 0.4 per cent MDR was due to be levied on person-to-merchant (P2M) UPI payments above Rs 2,000 from October 15.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a relief to UPI users, the proposed levy of a Merchant Discount Rate (MDR) of 0.4 per cent on transactions above Rs 2,000 has been deferred, with the National Payments Corporation of India (NPCI) saying on Tuesday that a new implementation date would be announced after Diwali. According to an NPCI circular issued last month, the 0.4 per cent MDR was due to be levied on person-to-merchant (P2M) UPI payments above Rs 2,000 from October 15.<\/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-1043119","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\/1043119","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=1043119"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1043119\/revisions"}],"predecessor-version":[{"id":1043175,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1043119\/revisions\/1043175"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1043119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1043119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1043119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}