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UPI MDR Charges: Will small-value transactions be impacted? What's Person-to-Merchant (P2M) fees? Details inside

4 Oct 2026 · 4 Oct 2026Source: LiveMint — Money

From October 15, a new MDR framework will apply to UPI merchant payments above ₹2,000. But not all merchants or transactions will be affected. Here’s what the new rules mean for customers, small vendors and select sectors.

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