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Signals from Mint · Money
- UPI merchant fee from Oct. 15 could squeeze festive-season retail promotions
- Coinbase signals India payment-rail upgrade to simplify INR crypto transactions
- UPI MDR framework targets payments above ₹2,000, reshaping merchant acceptance costs
- Revised UPI MDR rules could keep most retail checkouts fee-free for customers
- UPI MDR could raise costs for low-fee mutual funds and brokerages
- UPI merchant payments above ₹2,000 face MDR from October 15
- UPI MDR returns for select merchant payments above ₹2,000 from October 15
- UPI MDR to apply on select merchant QR payments above ₹2,000 from 15 October
- BIS raises gold hallmarking fee 67% to ₹75 per article ahead of festive season
- NPCI’s new UPI MDR framework will levy merchant fees on select payments above ₹2,000 from October 2026
- AI Pro and cloud storage subscriptions are becoming monthly utility bills for Indian consumers
- Zerodha’s Kamath backs UPI MDR but seeks lower, capped fees for brokers
- INDmoney says it will absorb proposed UPI MDR costs, estimates ₹11.52 crore annual impact
- IBA retail gold hits ₹152,330 per 10g; silver rises to ₹234,900 per kg
- UPI MDR framework from Oct 15 shields AutoPay but adds charges on select merchant payments
- NPCI to introduce MDR on select UPI merchant payments above ₹2,000 from October 15
- Government exempts RuPay credit-card UPI payments from new 0.4% MDR
- RuPay credit card-linked UPI payments exempt from new 0.4% MDR
- NPCI brings MDR to larger UPI merchant payments, while shielding most small sellers
- New UPI MDR framework targets select merchant payments above ₹2,000
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