UPI MDR rollout may be delayed to January 2027
In short
A proposed fee on some UPI merchant payments above ₹2,000 may be pushed from October 15 to January 2027. The reported fee is 0.4%, and consumers would not pay it.
This matters for merchants and payment companies because they would get more time to prepare. It is still not confirmed in the available reporting whether the delay is final.
What the reporting says
A proposed merchant discount rate on select UPI payments above ₹2,000 may be delayed from October 15 to January 2027, according to publisher-supplied summaries. The reported 0.4% fee would apply to eligible merchant transactions while consumers remain exempt, and the delay is said to give merchants and payment firms more time to prepare. The sources do not confirm any official final decision or explain the policy’s status.
Why it matters
The reported change involves a possible delay in introducing a merchant discount rate on certain UPI transactions above ₹2,000, with a 0.4% fee mentioned in the summaries. Merchant payments, payment firms and consumers are the groups affected, but the reporting does not confirm an official order or final implementation date. If delayed, it could reduce near-term disruption for the payments industry and merchants.