Merchant Discount Rate - inbinews.com

UPI Merchant Fee Framework Delayed Beyond Diwali as Payment Industry Seeks More Time

editorOctober 16, 2026October 16, 202606 mins

India’s proposed merchant discount rate framework for selected UPI transactions has been postponed until after Diwali, according to an Economic Times report published on October 13. The framework had been scheduled to take effect on October 15 and proposed a 0.4% merchant fee on eligible bank-account-funded payments above ₹2,000, capped at ₹300 per transaction. The…

UPI Charges Decision Postponed: NPCI Delays New Merchant Fee Rules Until After Diwali, January 2027 in Focus

inbinews115October 13, 2026October 13, 2026015 mins

India’s Unified Payments Interface (UPI) has become an essential part of everyday life, allowing millions of people to make instant digital payments at shops, restaurants, supermarkets and online platforms. However, a proposed change to UPI merchant transaction charges has attracted considerable attention across the country. The National Payments Corporation of India (NPCI) has now postponed…