Latest updateUPI remains free for P2P transactions. Merchant transactions up to ₹2,000 remain free. Applicable P2M transactions above ₹2,000 can attract MDR once NPCI notifies the post-Diwali start date (originally 15 October 2026) under the current framework.
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UPI News & Articles

Dated updates on UPI charges, MDR and tax rules. When a rule changes, we update the main guides too.

UPI Charges

UPI MDR Postponed Until After Diwali: What the NPCI Delay Means for You

NPCI has deferred the 0.4% MDR on merchant UPI payments above ₹2,000, which was due on 15 October 2026. It will now start after Diwali on a date to be notified.

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Explainer

UPI 0.4% MDR Framework Explained: Who Pays, What Stays Free

What the NPCI MDR framework announced on 15 September 2026 says: 0.4% on specified merchant payments above ₹2,000, a ₹300 cap, and what stays free.

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This page is educational information, not professional tax, legal or financial advice. Rules can change — verify against the latest official notification or consult a qualified professional before acting.