The record
Written from the 1 report below. Nothing here is unsourced.
- New UPI payment rules are set to take effect in India from October 15, 2026.
- The report discusses whether street vendors, vegetable sellers, and small shopkeepers will have to pay charges on UPI payments under the new rules.
- The rules include a monthly limit of Rs 1 lakh, a Rs 2,000-related provision, and changes linked to MDR (merchant discount rate).
- The outcome matters because it could affect how millions of small vendors and street sellers accept digital payments.
What to watch next
- Whether small vendors will actually face charges on UPI transactions after October 15, 2026.
- How the Rs 1 lakh monthly limit and Rs 2,000 rule apply in practice.
- Clarification on the real impact of MDR on merchants and customers.
Coverage1
1 report
Indian-language1
All filed from India
Named India · UPI
The 1 report is listed beside the record.
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