UPI volumes will largely remain intact despite new MDR rollout: NPCI chief

UPI MDR From October 15: Who Will Pay 0.4% Charge? NPCI CEO Dilip Asbe Explains

National Payments Corporation of India (NPCI) Managing Director and CEO Dilip Asbe has sought to clarify concerns over the new Merchant Discount Rate (MDR) framework for UPI payments, saying there is "miscommunication and misinformation" surrounding the move. UPI MDR From October 15: Who Will Pay 0.4% Charge? NPCI CEO Dilip Asbe Explains .

UPI MDR kicks in October 15: Why NPCI expects no hit to transaction volumes

NPCI CEO Dilip Asbe said the new Merchant Discount Rate is unlikely to materially affect UPI transaction volumes, with the additional revenue expected to be reinvested in payment infrastructure and technologies such as soundboxes and AI.

UPI volumes will largely remain intact despite new MDR rollout: NPCI chief

The new MDR will apply to specified P2M UPI payments above ₹2,000 from October 15, while P2P transfers and smaller merchant payments remain free.

UPI Payment Rules 2026: What Changes for Merchants from October 15?

Noida, Sep 25 (APAC Media): The rules around UPI payments are set to change from October 15, with a new Merchant Discount Rate (MDR) being introduced on certain high-value transactions. While the move will affect some merchants, ordinary customers will continue to make UPI payments without paying the MDR. Step 1: What is changing? From […] The post UPI Payment Rules 2026: What Changes for Merchants from October 15? first appeared on APAC Media |…

96% of UPI transactions below ₹2,000 and outside new MDR regime: NPCI CEO Dilip Asbe – The Indian Awaaz

DIGITALA UPI National Payments Corporation of India (NPCI) Managing Director and CEO Dilip Asbe today said around 75 per cent of transaction volumes would fall outside the scope of the new merchant discount rate (MDR) regime, as 96 per cent of transactions are below 2,000 rupees. Addressing the SBI Banking and Economics Conclave in Mumbai, Asbe said there is “huge miscommunication and misinformation” surrounding the MDR regime and that NPCI and …