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Wire · operational-macro

Tech service providers set to gain as MDR returns to UPI

11 September 2026 · By · Wire by Fusion42

Published

11 September 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at financialexpress.com →

◆ Verified

Fusion42 · 11 September 2026 · Fusion42 review

India is set to reintroduce merchant discount rates (MDR) on UPI transactions for larger merchants and higher-value payments, which will lead banks, payment apps, and technology service providers building UPI infrastructure to share these fees.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

Your opportunity to build or scale third-party UPI apps has grown as banks and NBFCs seek to monetise UPI transaction fees. Jump on enquiries now because new MDR rules will shift how payments apps compete and generate revenue.

◆ Coverage

1 source · 11 Sep 2026

◆ Related on Wire

◆ Topics

Fintechupimdrfintechpayment-appsindia