18/09/2026
14:13
18/09/2026
14:13

UPI Charges Explained: What Happens When You Pay ₹5,000, ₹50,000 or ₹1 Lakh?

MDR stands for Merchant Discount Rate.

UPI Charges 2026: Will You Have to Pay for UPI? India’s UPI payment system is set to see changes in the way certain merchant transactions are charged from October 15, 2026. The introduction of a Merchant Discount Rate (MDR) on selected UPI transactions above ₹2,000 has created confusion among consumers about whether they will now […]