Tax & ComplianceLiveMint — Money
UPI MDR from 15 October: RBI Governor says small fee unlikely to hit transaction volumes
7 Oct 2026 · 7 Oct 2026Source: LiveMint — Money
UPI MDR takes effect from 15 October for select merchant transactions above ₹2,000. RBI Governor Sanjay Malhotra said he does not expect the small fee to have a major impact on UPI volumes, while consumers will not be charged.
Attribution
This digest is published with acknowledgment to LiveMint — Money. For the complete analysis, headnotes, and citations, please refer to the source.
Read on LiveMint — Money
