MDR charges on UPI payments will be implemented post-Diwali, says NPCI
Merchant Discount Rate (MDR) on select Person-to-Merchant UPI transactions shall be implemented post-Diwali immediately on a date to be notified separately, says NPCI
The National Payments Corporation of India (NPCI) announced on Tuesday (October 13, 2026) that the proposed Merchant Discount Rate (MDR) on person-to-merchant UPI payments will be implemented after Diwali.
NPCI said, "UPI and Services Steering Committee on Tuesday (October 13, 2026) decided that, keeping in mind the festive season, the Merchant Discount Rate (MDR) on select Person-to-Merchant (P2M) UPI transactions shall be implemented post-Diwali immediately on a date to be notified separately."
