The recent UPI MDR decision has triggered a heated public and political debate across the country. From October 15, 2026, 0.4% MDR will apply to specified merchant UPI transactions above ₹2,000, while person-to-person payments remain free. The Centre says the framework supports UPI's sustainability, with about 96% of merchant transactions remaining unaffected.
Telangana
UPI Over ₹2K! MDR Fee Row Sparks Nationwide Buzz
