UPI framework sets ₹5 MDR on fuel payments above ₹2,000

From October 15, fuel purchases made via UPI above ₹2,000 will carry a flat ₹5 merchant discount rate under India’s revised merchant-payment framework. Payments below ₹2,000 and person-to-person transfers remain free.

— Source publishedTue, 15 Sept, 2026, 20:53 IST·First seen Tue, 15 Sept, 2026, 21:07 IST·Source Business Today · Latest

What happened

NPCI · India’s new UPI merchant-payment framework applies 0.4% MDR above ₹2,000, while fuel purchases at petrol stations receive a flat ₹5 concessional rate.

Key facts

  • 0.4% MDR on UPI merchant payments above ₹2,000
  • ₹300 MDR cap for payments of ₹75,000 and above
  • ₹5 flat MDR for fuel, railways, telecom and insurance payments above ₹2,000
  • 0.02% MDR for capital-market payments
  • 96% of person-to-merchant transactions unaffected
  • Zero-MDR regime in place since January 2020

Why this matters

Payments, POS and fuel-retail platforms have an opening to package compliant UPI routing, reconciliation and surcharge-management capabilities for forecourt operators.

What to watch

  • Official implementation guidance on whether the ₹5 MDR includes taxes and how the fee is distributed across acquirers, PSPs, and other participants.
  • UPI fuel-payment volume and average ticket trends above versus just below ₹2,000 after October 15.
  • Evidence of transaction splitting, payment steering, declined UPI acceptance, or consumer complaints at independent fuel stations.
  • Whether other high-ticket essential categories seek comparable concessional flat-rate MDR treatment.
  • Any regulatory response to merchant pass-through, minimum purchase conditions, or differential payment acceptance.
  • Fuel retailers should update POS and QR-payment workflows before October 15, ensuring automatic MDR handling, settlement reconciliation, and clear staff guidance for transactions above ₹2,000.
  • Acquirers and payment aggregators should model issuer/acquirer economics under the flat fee and monitor whether dealer networks alter UPI acceptance or steer customers toward cards and cash.
  • Retailers should track ticket-size distribution around ₹2,000, split-payment incidence, UPI authorization rates, and tender migration by outlet type.
  • Large fuel chains can use the lower, predictable fee to reinforce app-based loyalty, fleet payments, and prepay journeys where payment acceptance costs are easier to manage.