UPI MDR rollout may be deferred beyond festive season to Jan 1: Report
- Posted on October 8, 2026
- By Business News Today
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- 1 min read
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UPI MDR rollout may be deferred beyond festive season to Jan 1: Report
A proposal to delay the implementation of merchant discount rates on Unified Payments Interface is under consideration. This potential delay aims to commence on January 1 instead of October 15, providing relief during the festive season. Traders and industry associations raised concerns about increased transaction costs during the busy sales period. The UPI and Service Steering Committee met recently to discuss the timing and other factors related to MDR.
