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    Merchants to now pay fees on UPI transactions above Rs 2,000 from Oct 15

    Times of India
    September 15, 2026
    via Times of India

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    Merchants to now pay fees on UPI transactions above Rs 2,000 from Oct 15

    The MDR will be effective from October 15, 2026. . This timeline gives acquiring banks, payment aggregators, fintech applications, and corporate accounting platforms adequate lead time to update their software engines and billing systems.

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