UPI MDR Countdown: Record September Payments and the October 15 Switch
Posted on 5th Oct 2026 12:18:06 in Business, Digital Marketing
Tagged as: UPI, MDR, NPCI, Digital Payments, Small Business
UPI processed 24.07 billion transactions in September as a record 802 million payments cleared daily. From October 15, a 0.4% MDR applies to merchant payments above Rs 2,000 - what Indian business owners need to know before the switch.
