UPI’s Free Era Is Changing — A 0.4% Fee Will Fund the Next Merchant Push
From October 15, larger merchant UPI payments will attract a 0.4% MDR, while 5% of collections is earmarked to expand adoption among small merchants.
20 Sep 2026, 1:02 PM IST
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Digital Payments stories
What changed, why it matters, and what most people may be overlooking.
UPI Processed 24.51 Billion Payments in August — Its Next Battle Is Outside India
Prime Minister Narendra Modi wants UPI linked with more national payment systems; the real test is whether domestic scale can become low-cost cross-border utility.
9 Sep 2026, 8:26 AM IST