Kya hua
NPCI ke 15 September 2026 ke circular ne ₹2,000 se upar ke UPI person-to-merchant payments par 0.4% MDR set kiya hai, jo 15 October 2026 se laagu hoga. Iska bill customers nahi, balki merchants ko bharna hoga.
Mujhe kya farq padta hai
₹2,000 se kam ke payments free rahenge aur jo chhote sellers mahine ka ₹1 lakh tak lete hain, unko isse chhoot milegi, isliye zyadatar merchant volumes par koi asar nahi padega.
Yaad rakh
UPI ka 0.4% MDR merchants ka bill hai, aap par koi tax nahi.
Aur context aur kis par asar
15 September ke NPCI circular ke tehat, 15 October 2026 se ₹2,000 se upar ke UPI person-to-merchant payments par merchant discount rate 0.4% ho jayega.
Iska charge customers nahi, balki merchants denge. Jab payment ₹75,000 cross kar jaye toh yeh ₹300 tak capped rahega, aur jo sellers mahine ka ₹1 lakh tak lete hain, unko isse poori chhoot milegi.
US pressure ke claims ko “absolutely baseless” batate hue, PM Sitharaman ne 25 September ko kaha ki yeh koi tax, cess ya surcharge nahi hai aur iska koi bhi paisa Consolidated Fund mein nahi jata hai.
- MDR rate
- 0.4% 15 October 2026 se ₹2,000 se upar ke UPI person-to-merchant payments par charge kiya jayega.The HinduNPCI
- Per-payment cap
- ₹300 Jab ek single payment ₹75,000 ya usse zyada ho jaye, toh charge par yeh ceiling lag jayegi.The Hindu
- Exemption
- Up to ₹1 lakh Jo sellers UPI QR ke through mahine ka ₹1 lakh tak lete hain, unko poori chhoot milegi.NPCI
- Revenue split
- 40 / 30 / 20 / 10 Customer banks, gateways, UPI apps aur sponsoring banks ko jaane waale receipts ka share.The Hindu
The decision
NPCI's 15 September circular sets the rate; a PTI interview on 25 September clarified who pays. Receipts split 40% to customer banks, 30% to gateways, 20% to UPI apps and 10% to sponsoring banks, and 96% of merchant transactions stay unaffected.
Business
Jo merchants ₹2,000 se upar ke UPI payments karenge, unhe 15 October 2026 se ek naya 0.4% cost dena hoga.
General
Consumers ko yeh charge nahi dena hai aur ₹2,000 se kam ke payments free rahenge.
Business
Gateways aur UPI apps revenue share karte hain, jisse payment rails ko ek steady income stream milti hai.
ReportingThe Hindu ↗NPCI ↗
Sources aur jaanch2 sources · 4 daave
Yeh is khabar ke source records hain. Source link hona apne aap mein independent confirmation nahi hai.
- The HinduReporting
UPI MDR decision completely professional, no external pressure: FM Sitharaman ↗
Publish hua Sep 25, 2026 · Dekha gaya Sep 25, 2026 - NPCIOfficial
Merchant Discount Rate on Select UPI P2M Transactions — Official FAQ ↗
Publish hua Sep 15, 2026 · Dekha gaya Sep 25, 2026
Daave aur unke sources
15 October 2026 se ₹2,000 se upar ke UPI person-to-merchant payments par 0.4% merchant discount rate laagu hoga.
Sitharaman ne kaha ki yeh charge koi tax, cess ya surcharge nahi hai, aur iski collections Consolidated Fund of India mein nahi jati hain.
Unhone is claim ko “absolutely baseless” kaha ki yeh decision US pressure mein liya gaya tha.
Iska payment customers nahi, balki merchants karenge; yeh ₹75,000 se upar ₹300 tak capped hai aur chhote sellers jo mahine ka ₹1 lakh tak lete hain, unko chhoot hai.
