Finance Ministry moves to enable MDR on UPI, scrapping zero MDR provision

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Government Policy

4 August 2026 at 1:50 am

Finance Ministry moves to enable MDR on UPI, scrapping zero MDR provision

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Summary

The Union Ministry of Finance is moving to enable Merchant Discount Rates (MDR) on UPI, proposing to scrap the existing zero MDR provision, which could impact UPI users.

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