{
  "id": 7570427,
  "title": "MDR charges announced: Who will pay how much for UPI transactions",
  "url": "https://urgent.news/2026/09/15/mdr-charges-announced-who-will-pay-how-much-for-upi-transactions",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T14:47:30.000Z",
  "source": {
    "name": "The Indian Express",
    "slug": "the-indian-express",
    "url": "https://indianexpress.com/article/explained/national-payments-corporation-of-india-merchant-discount-rate-upi-transactions-above-two-thousand-rupees-october-fifteen-10879348/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Indian government has announced a new merchant discount rate (MDR) regime for UPI transactions, with the aim of exempting person-to-person payments from the levy, regardless of transaction amount. This means that MDR will only be charged on payments to merchants, with a rate of 0.4% for transactions over Rs 2,000, with some exceptions. The new framework will come into effect from October 15, providing sufficient time for acquiring banks, payment aggregators, fintech applications, and corporate accounting platforms to update their systems. UPI payments of up to Rs 2,000 will continue to be free for person-to-person transactions, while payments above this threshold will attract the 0.4% MDR, capped at Rs 300 for high-value transactions exceeding Rs 75,000.",
  "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."
}