MDR on UPI: What Proposed Law Change Means for Digital Payments

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Finance

4 August 2026 at 11:49 pm

MDR on UPI: What Proposed Law Change Means for Digital Payments

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Summary

Industry participants anticipate that if Merchant Discount Rate (MDR) is reintroduced on UPI, it will likely be limited to large merchants, commerce-related transactions, and possibly transactions above a certain value.

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