01 / Kya hua
Kya hua
NPCI circular 237/2026-27 effective 15 Oct 2026.
NPCI ne ₹75,000 se zyada UPI transactions par ₹300 ki cap laga di.
P2M rate 0.4% hoga, 97.5% transactions abhi bhi free rahenge.
Yes Bank payer bank share ka 50%+ le raha hai.
MDR Cap
₹300 above ₹75,000Monthly Pool
₹2,400 crore maxTimeline
Timeline
- 16 Sep 2026 — The Hindu report
- 15 Oct 2026 — Effective
02 / Kyun matter karta hai
Kyun matter karta hai
Bade merchants ko ₹300 se zyada kharch karna nahi padega.
Money
Merchants
₹75,000 se zyada ke UPI payments par ₹300 ki MDR cap lag gayi.
Money
Fintech Banks
PhonePe aur Google Pay TPAP share mein sabse bade players hain.
03 / Seedhi baat
Seedhi baat
Seedhi baat
UPI MDR cap ho gayi — ₹300 max.
UPI MDR cap ₹300 — kaun benefit utayega?
Screenshot ya share kar lo
Verified sources (2)
Who has to pay MDR on UPI
↗PrimaryPublished Sep 16, 2026Accessed Sep 17, 2026
MDR FAQs
↗CorroboratingPublished Sep 15, 2026Accessed Sep 17, 2026
Claims and linked sources
4 claims15 Oct 2026 se ₹75,000 se zyada UPI transactions par ₹300 MDR cap.
Linked evidence
₹2,000 se zyada UPI P2M pe 0.4% MDR rate lagti hai.
Linked evidence
MDR revenue split: 40% payer bank, 30% merchant bank, 20% TPAP, 10% PSP.
Linked evidence
Yes Bank ke paas payer bank share ka 50%+ — sabse bada player hai.
Linked evidence