October 13, 2026 3:38 PM
MDR on select UPI merchant transactions to be implemented after Diwali
The Merchant Discount Rate (MDR) on select Person-to-Merchant (P2M) Unified Payments Interface (UPI) transactions will be implemented after Diwali, the National Payments Corporation of India (NPCI) said on Tuesday. The UPI and Services Steering Comm...
