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UPI MDR Charges Postponement News Likely Implementation From January 1 2027
C
CNBC Awaaz•13-10-2026, 13:24
UPI MDR Charges Postponement News Likely Implementation From January 1 2027
- •The introduction of Merchant Discount Rate on UPI transactions has reportedly been postponed.
- •According to sources, the implementation date is being extended from October 15, 2026, to January 1, 2027.
- •Following this development, shares of Paytm, MobiKwik, and Pine Labs witnessed a decline.
- •MDR is the fee charged to a merchant for accepting digital payments and is not levied directly on customers for UPI payments.
Key Questions Answered
According to sources, the introduction of Merchant Discount Rate (MDR) charges on UPI transactions has been postponed and is now likely to be implemented starting January 1, 2027.
Following the news of the date extension from October 15, 2026, to January 1, 2027, shares of major payment companies including Paytm, MobiKwik, and Pine Labs witnessed a decline.
MDR is simply the fee charged to a merchant for accepting digital payments. It is not levied directly on customers for every UPI payment, and the fee is distributed across the payment ecosystem rather than going to a single company.
