New UPI merchant discount rate rules starting October 2026
Headline by Prism · from 1 report
New UPI merchant discount rate rules will take effect on October 15, 2026, impacting person-to-merchant transactions.
1 of 32 monitored outlets · 1 report · Odia · checked
The brief
Written by software from the 1 report below.
- A new Merchant Discount Rate system for UPI transactions will begin on October 15, 2026.
- Certain person-to-merchant transactions will incur a 0.4% fee.
- Transactions exceeding ₹75,000 will be subject to a maximum fee of ₹300 per transaction.
- The change is expected to impact both customers and business owners using the payment service.
Coverage
1 outlet
Indian-language1
All filed from India
NamedIndia · Unified Payments Interface
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