Now UPI transactions of more than 3 thousand can be charged. The central government is considering this. For this, 0.3% merchant discount rate (MDR) will be re -implemented. If you do transactions of 10 thousand rupees through UPI, then it can be charged for 30 rupees. New rules can be implemented in view of increasing infrastructure and operational expenses of banks and payment service providers. It is reported that new rules may apply in the next two months.
Who will be charged
There will be no MDR on small shopkeepers and small transactions. It will be charged only on big merchants and transactions above Rs 3,000.
Upi transaction increased
According to the released reports, a total of 18,67 crore transactions were done by Unified Payment Interface (UPI) in May 2025 last month. During this time an amount of Rs 25.14 lakh crore was transferred. UPI transactions have increased by 33 percent in a month.
Payment Council of India requested a letter to PM
Recently, the Payment Council of India had written a letter to PM Modi. In this, PM Modi has been asked to reconsider the Zero Merchant Discount Rate (MDR) policy. Council, Unified Payments Interface (UPI) and RuPay debit card transactions are in favor of imposing 0.3% merchant discount rate.
However, no merchant discount rate (MDR) is charged on payment methods at present, as it provides National Payments Corporation of India (NPCI) facility.
