MDR on UPI transactions over Rs 2,000 deferred; to come into effect post Diwali ...Middle East

The government has announced a delay in implementing the Merchant Discount Rate for Unified Payments Interface transactions, pushing back the launch initially scheduled for October 15 to after Diwali. This postponement aims to avoid potential payment disruptions amid the festive shopping surge, allowing payment companies additional preparation time for the upcoming changes. This initiative was expected to generate new revenue streams for these companies.

Hence then, the article about mdr on upi transactions over rs 2 000 deferred to come into effect post diwali was published today ( Tuesday 13/10/2026 - 11:21 AM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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