News That Matters
Date: October 14, 2026Author: Crazyrites Editorial Team Introduction India’s digital payments sector has received an important update ahead of the festive season. The UPI Merchant Charge Delay means that the proposed Merchant Discount Rate (MDR) on selected Unified Payments Interface (UPI) merchant transactions will not begin on October 15, 2026, as initially planned. Instead, the…
Crazyrites Editorial Team | October 13, 2026 The National Payments Corporation of India (NPCI) has postponed the planned introduction of Merchant Discount Rate (MDR) charges on selected Unified Payments Interface (UPI) transactions until after Diwali. The decision, announced on October 13, gives merchants, banks, and payment companies additional time to prepare for the proposed changes…
Crazyrites Editorial Team | September 15, 2026 UPI Payments Up to ₹2,000 Remain Free The Indian government has clarified an important point about digital payments. UPI Payments Up to ₹2,000 will remain free of direct and indirect charges for users, according to a notification issued under the Payment and Settlement Systems Act, 2007. The clarification…
