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Wire · operational-macro

India Must Retain Zero MDR For Small Merchants To Protect UPI's Inclusion Gains: Industry Experts

20 August 2026 · By · Wire by Fusion42

Published

20 August 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at freepressjournal.in →

◆ Verified

Fusion42 · 20 August 2026 · Fusion42 review

Industry experts emphasize the need for India to maintain zero Merchant Discount Rate (MDR) on UPI transactions for small merchants to ensure affordability, financial inclusion, and digital adoption in the informal economy and rural areas.

This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 20 Aug 2026 and 21 Aug 2026.

◆ ◆ The Wire takeaway

You face a widening digital payments market that still hinges on zero fees for small merchants. The next move is to engage policymakers now before charges disrupt your access to informal and rural customers.

◆ Coverage

2 sources · first reported 20 Aug 2026 · latest 21 Aug 2026

◆ Related on Wire

◆ Topics

Fintechupizero-mdrdigital-paymentsfinancial-inclusionindia