UPI Payments Above ₹2,000 To Merchants To Attract 0.4% MDR: NPCI
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UPI payments above ₹2,000 made to merchants will attract a 0.4% Merchant Discount Rate (MDR), according to detailed guidelines issued by the National Payments Corporation of India (NPCI) on Tuesday. The move follows the Centre’s September 14 notification that UPI transactions up to ₹2,000 will continue to attract zero MDR. The new framework applies only [...] The post UPI Payments Above ₹2,000 To Merchants To Attract 0.4% MDR: NPCI appeared first on ANC . 2026-09-15 17:30:31
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UPI payments above ₹2,000 made to merchants will attract a 0.4% Merchant Discount Rate (MDR), according to detailed guidelines issued by the...
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