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MDR charges on UPI payments to be imposed after Diwali: NPCI

hellohimachalse@gmail.com 14 Oct 2026 39 min ago

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New Delhi: Amid speculation that the merchant fee on high-value UPI payments will be delayed from its announced start date of October 15, the National Payments Corporation of India (NPCI) on Tuesday said that the proposed Merchant Discount Rate (MDR) on person-to-merchant payments will only come into force after Diwali.