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

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…

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UPI Charges From October 15, 2026: What the New 0.4% MDR Rule Means for Consumers, Merchants and Digital Payments in India

India’s Unified Payments Interface (UPI) is entering a new phase after the government and the National Payments Corporation of India (NPCI) finalised a Merchant Discount Rate (MDR) on selected UPI merchant transactions above ₹2,000. The announcement has generated significant confusion online, with many users assuming that UPI itself will no longer be free and that…

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