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UPI MDR Charges: Start date, slabs and why is this Merchant Discount Rate being introduced now? All questions answered

  • Jocelyn Fernandes--Livemint
  • published date: 2026-10-03 15:09:12 UTC

The Centre will soon implement Merchant Discount Rate (MDR) fees on specific UPI transactions. Today we answer what the UPI MDR charge means, the start date, slabs, and why this is being introduced now… 

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