India is changing the pricing framework for some UPI payments, introducing a Merchant Discount Rate, or MDR, for specified merchant transactions above ₹2,000. In this video, Firstpost explains what the new 0.4% MDR means for UPI users, who actually pays the charge and which transactions remain free. The video also breaks down the ₹300 cap, exemptions for eligible small merchants, and separate rates for fuel, insurance, utility, railway, telecom and capital-market payments. It also explains why UPI payments between individuals remain free, why merchants cannot pass MDR on to customers, and how recurring payments and credit-linked UPI transactions are treated under the new framework. Hem Saroya tells you more.
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UPI Charges | UPI MDR | Merchant Discount Rate | UPI MDR 0.4% | UPI Payments | UPI New Rules | UPI Charges Above ₹2,000 | UPI Transaction Charges | UPI Payment Rules | Firstpost | Hem Saroya | Vantage
#upi #upicharges #upimdr #merchantdiscountrate #upirules #upipayments #upitransactions #upimerchants #digitalpayments #npci #firstpost #vantageonfirstpost
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