India, Oct. 13 -- NPCI has put off the introduction of Merchant Discount Rate (MDR) on certain transactions made using the Unified Payment Interface (UPI). The move came out on Tuesday, October 13, 2026, considering the upcoming festive season.

According to NPCI, the UPI and Services Steering Committee resolved to postpone the introduction of MDR on select P2M UPI transactions. The revised date for implementation will be announced separately. Charges were earlier supposed to take effect on October 15, 2026. The postponement is temporary in nature since the framework is not canceled. It is yet to be seen when the new date will be announced by NPCI.

UPI MDR Latest News: When Will Merchant Charges Begin?

According to NPCI, the MDR for sel...