9 August 2026 at 4:18 pm
Summary
The government has announced that UPI will remain free for users, and the vast majority of merchant transactions will also stay free. Any future Merchant Discount Rate (MDR) would apply only to a limited set of transactions above a specified threshold and at a nominal rate, lower than typical debit and credit card MDRs.
Razorpay CEO Joins PhonePe Chief in Backing Free UPI Payments for Consumers Amid MDR Doubts
9 Aug 2026, 4:18 pm · Technology
Government confirms UPI free for citizens, hints at nominal merchant fees
9 Aug 2026, 6:11 am · Government
Government Clarifies UPI MDR: Free for Consumers, Small Merchants; Charges for Select Transactions
9 Aug 2026, 4:22 am · Government Policy
Government Clarifies UPI Person-to-Person Transactions to Remain Free
9 Aug 2026, 4:20 am · Government Policy
Proposed MDR for UPI Transactions Will Be Nominal, Government Confirms
9 Aug 2026, 4:18 am · Technology
UPI रहेगा पूरी तरह मुफ्त, आम लोगों पर नहीं लगेगा कोई चार्ज: सरकार ने दूर किया भ्रम
9 Aug 2026, 2:14 am · Government Policy
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