UPI MDR to apply on select merchant payments above ₹2,000
In short
UPI MDR will apply to some merchant payments above ₹2,000 from 15 October 2026. Consumers will not pay the charge.
This may affect some higher-value Diwali and Dhanteras purchases. The reporting does not say which merchants are covered or how big the fee will be.
What the reporting says
UPI MDR will apply to select merchant transactions above ₹2,000 from 15 October 2026, while consumers will not have to pay the charge. The publisher-supplied summary says the new rules affect high-value purchases around Diwali and Dhanteras shopping, but it does not state which merchants qualify or how large the fee will be. The immediate impact on shoppers appears limited, though merchant costs may change.
Why it matters
UPI MDR will apply to select merchant transactions above ₹2,000 from 15 October 2026, according to the publisher summary. The reporting says consumers will not pay the charge, so the direct cost falls on merchants or payment arrangements, but it does not say how the fee is shared or which categories are included. The likely relevance is for high-value festive shopping, especially around Diwali and Dhanteras.