https://www.taxtmi.com/news?id=74832 Merchant Discount Rate (MDR) of 0.4 per cent applies to large-value UPI person-to-merchant payments exceeding Rs 2,000 from October 15. MDR is a merchant payment ecosystem charge, not a fee payable by customers. Person-to-person UPI payments remain free for users, while person-to-merchant UPI payments below Rs 2,000 remain free for merchants. MDR distribution is intended to support payment technology, infrastructure, acceptance networks and sustained UPI growth. en-us Tue, 15 Sep 2026 23:16:03 +0530 Tue, 15 Sep 2026 23:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74832 Merchant Discount Rate (MDR) of 0.4 per cent applies to large-value UPI person-to-merchant payments exceeding Rs 2,000 from October 15. MDR is a merchant payment ecosystem charge, not a fee payable by customers. Person-to-person UPI payments remain free for users, while person-to-merchant UPI payments below Rs 2,000 remain free for merchants. MDR distribution is intended to support payment technology, infrastructure, acceptance networks and sustained UPI growth. News - Tue, 15 Sep 2026 23:16:03 +0530 https://www.taxtmi.com/news?id=74832