Politics · India · 5 hrs ago
India to introduce fees on merchant UPI payments of ₹2,000 or more after Diwali
India plans to add fees to some UPI payments made to merchants, with the change due after Diwali.
The fees would apply to merchant transactions of ₹2,000 or more.
UPI is a payment system widely used in India, where these payments have so far been free of additional charges.
The charges are known as merchant discount rate fees, and the change has drawn attention because of possible effects on users and businesses.
NPCI has postponed the start until after Diwali, and says it will announce the date and other details soon.
The effect on ordinary users is not yet clear.
India plans to introduce additional fees on merchant UPI transactions of ₹2,000 or more after Diwali.
The National Payments Corporation of India said the implementation of Merchant Discount Rate charges would be delayed until after the festival.
The exact start date and other details are expected to be announced later.
The change concerns person-to-merchant UPI payments.
- Who
- The National Payments Corporation of India announced the delay. The fees apply to merchant transactions.
- What
- Additional charges are planned on merchant UPI payments of ₹2,000 or more.
- When
- After Diwali; the exact start date has not been announced.
- Where
- India.
- Why
- Not stated.
This story does not have two clearly opposing sides.
The National Payments Corporation of India said Merchant Discount Rate charges on UPI transactions would be delayed until after Diwali.
The planned charges on person-to-merchant UPI transactions are to take effect, with the exact date to be announced.
- Transaction threshold
- ₹2,000 or more
- Transaction type
- Merchant UPI payments
- Planned timing
- After Diwali
- Announcing body
- National Payments Corporation of India
- Publication date
- 13 October 2026
What people are saying
The date for its implementation and other details will be announced soon.
Sources
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