{
  "id": 10907545,
  "title": "UPI MDR: What it means for consumers?",
  "url": "https://urgent.news/2026/09/30/upi-mdr-what-it-means-for-consumers",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-30T08:51:58.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/wealth/save/fee-on-upi-p2m-payments-how-this-small-0-4-fee-can-take-a-bigger-bite-out-of-your-money/articleshow/134585025.cms"
  },
  "original_language": "en",
  "account": "In India, the use of UPI for payments is now as commonplace as using a physical wallet. On October 15, 2026, the National Payments Corporation of India (NPCI) is set to implement a revised Merchant Discount Rate (MDR) framework, six years after UPI transactions became free for merchants. This fee introduces a 0.4% charge on eligible person-to-merchant payments exceeding Rs 2,000. While customers are expected to pay nothing, the real question lies in whether this fee remains nominal at the point of sale.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}