UPI merchant charges set to reshape acceptance costs for larger retail payments
A reported MDR framework effective Oct. 15 would introduce charges on select UPI merchant payments above Rs 2,000, including a 0.4% fee for large merchants capped at Rs 300. The weekly roundup also cited Maharashtra FDA enforcement involving food outlets, including Blink Commerce.
What happened
Weekly India business roundup covers Tata Sons listing debate, incoming UPI merchant charges affecting payment acceptance, and Maharashtra FDA action against
Key facts
- UPI MDR of 0.4% on large merchant payments above Rs 2,000, capped at Rs 300
- Rs 5 flat MDR for select merchant categories above Rs 2,000
- 0.02% MDR for capital-market payments, capped at Rs 300
- seven food-establishment licences suspended
- Rs 12 lakh gutkha seizure
- around 12,000 inspections
- Rs 16.21 lakh food stock seized
Why this matters
In partnerships or deal diligence, prioritize targets with diversified payment acceptance, limited exposure to high-value UPI transactions, and demonstrably robust local food-safety compliance systems.