UPI Fee Changes 2026: What the New Rules Mean for Users and Merchants
UPI fee changes 2026 are set to reshape the economics of India’s digital payments ecosystem, with a new merchant discount rate (MDR) applying to specified UPI payments above ₹2,000 from October 15, 2026. The announcement marks a significant change after more than six years of a zero-MDR framework for UPI. However, the new rules do not…