Proposed UPI MDR above ₹2,000 could lift merchant payment-acceptance costs
The Finance Ministry has signalled possible MDR charges on UPI person-to-merchant payments above ₹2,000. A proposed 0.4% fee is pending an NPCI steering committee decision; about 96% of UPI transactions could remain exempt.
What happened
Finance Ministry signals possible MDR charges on UPI person-to-merchant payments above ₹2,000. A proposed 0.4% fee could raise merchant acceptance costs, while
Key facts
- ₹2,000
- 0.4%
- 96%
Why this matters
Prioritize partnerships or acquisitions that help merchants optimize payment routing, reconciliation, and surcharge-compliant checkout capabilities if UPI MDR expands beyond the current zero-fee model.