NPCI to allow MDR on UPI merchant payments above ₹2,000 from October 15
NPCI will permit merchants to be charged up to 0.4% MDR on UPI P2M transactions above ₹2,000 from October 15. Paytm says the change could create incremental merchant-services revenue, while customers will not be charged.
What happened
NPCI will allow merchants to be charged up to 0.4% MDR on UPI P2M transactions above Rs 2,000 from October 15. Paytm expects additional merchant-business
Key facts
- MDR of up to 0.4%
- UPI P2M transactions above Rs 2,000
- Effective October 15
- Paytm shares opened 5% higher
- Paytm shares gained 57.3% in three months
- Paytm shares gained 71.88% in six months
- Paytm shares gained 34.98% year-to-date
Why this matters
The new UPI monetization framework makes merchant-acquiring, checkout, and value-added payment partnerships more strategically attractive, especially in higher-ticket categories.