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UPI MDR Charges Will Not Be Passed on to Consumers: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman says Merchant Discount Rate is an ecosystem charge, not a tax or fee to be paid by UPI users. New Delhi,...
Business

Punjab Petrol Pumps to Stop Accepting UPI Payments Above ₹2,000 From October 16

Petrol pump dealers in Punjab oppose new MDR on high-value UPI fuel payments, citing thin profit margins and rising operating costs Article Chandigarh, September 21, 2026:...
Banking

UPI Payments Up to Rs 2,000 to Remain Charge-Free as Government Issues Notification

Finance Ministry notification protects small-value UPI transactions from direct and indirect charges; around 96% of UPI transactions by volume fall within the threshold New Delhi,...

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