NPCI considers delaying MDR fee on UPI payments: Reports

The National Payments Corporation of India (NPCI) is considering delaying the rollout of a 0.4% MDR on UPI person-to-merchant transactions above ₹2,000, according to multiple reports. The fee, scheduled to take effect from October 15, could be deferred until January 2027. Industry bodies have reportedly sought more time to adapt to the change and avoid impacting festive demand.