New Delhi, Sept. 16 -- The new UPI rules will change how certain high-value merchant transactions are handled from 15 October, bringing insurance and capital-market payments under the merchant discount rate (MDR) framework. Will that mean your insurance, SIP, and OTT subscriptions will increase?

For consumers like you and me, the impact will depend on what we pay for and how we make these payments. For example:

But does not mean that consumers will have to pay these charges directly. MDR is generally a fee paid by the merchant to banks and payment service providers. Whether your bill will increase depends on whether a business passes the costs on to customers.

As per the new rules, OTT subscriptions - Netflix, Amazon, Jiohotstar - and ...