UPI MDR: Government Expected to Permit Merchant Discount Rate on Transactions Above Rs 2,000

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8 August 2026 at 4:06 am

UPI MDR: Government Expected to Permit Merchant Discount Rate on Transactions Above Rs 2,000

HyperFast News

Summary

The government is expected to allow a Merchant Discount Rate (MDR) of 0.25% to 0.4% on UPI transactions above Rs 2,000 for businesses, while person-to-person payments and routine purchases will likely remain exempt.

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