India, Sept. 16 -- The new UPI framework has kicked in, bringing changes to how certain merchant transactions are charged. But while the framework introduces a 0.4% merchant discount rate (MDR) on specified merchant transactions above Rs.2,000, customers will not be charged MDR, according to the government.

UPI payments between individuals will continue to remain completely free, irrespective of the amount. Merchant payments up to Rs.2,000 will also remain free, while around 96 per cent of all merchant transactions are expected to remain unaffected. The changes primarily concern larger merchant transactions and certain specified sectors.

HT SimplyPut | UPI merchant charges begin October 15: Who pays, who does not, and why NPCI says the ...