Saginfotech iconSaginfotechSep 16, 2026

Big UPI Update: Merchant Transactions Above ₹2,000 Set to Attract 0.4% MDR

On September 15, the UPI Steering Committee conducted a meeting and settled the UPI MDR at 0.4%, or 40 bps, for transactions above Rs 2,000. Merchant Transactions Above ₹2,000 Set to Attract 0.4% MDR first appeared on SAG Infotech Official Tax Blog.

Big UPI Update: Merchant Transactions Above ₹2,000 Set to Attract 0.4% MDR

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On September 15, the UPI Steering Committee conducted a meeting and settled the UPI MDR at 0.4%, or 40 bps, for transactions above Rs 2,000.

Merchant Transactions Above ₹2,000 Set to Attract 0.4% MDR first appeared on SAG Infotech Official Tax Blog.

The maximum MDR that can be charged per transaction is capped at Rs 300.

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On September 15, the UPI Steering Committee conducted a meeting and settled the UPI MDR at 0.4%, or 40 bps, for transactions above Rs 2,000. Merchant Transactions Above ₹2,000 Set to Attract 0.4% MDR first appeared on SAG Infotech Official Tax Blog. October 15, 2026, MDR charges will be applicable.

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October 15, 2026, MDR charges will be applicable. The maximum MDR that can be charged per transaction is capped at Rs 300. At 0.4%, a transaction of Rs 75,000 […] The post Big UPI Update:

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