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Wire · operational-macro

UPI MDR On Transactions Above ₹2,000 May Start Within Two Weeks: Report

21 August 2026 · By · Wire by Fusion42

Published

21 August 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at freepressjournal.in →

◆ Verified

Fusion42 · 22 August 2026 · Fusion42 review

The Indian government plans to implement a Merchant Discount Rate (MDR) on UPI transactions above ₹2,000 within two weeks, ending the zero MDR era for high-value digital payments while ensuring consumers will not be directly charged.

This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it.

◆ ◆ The Wire takeaway

Merchants now face new payment fees for high-value UPI transactions. You must update your pricing and payment strategies this month to protect margins.

◆ Coverage

2 sources · 21 Aug 2026

◆ Related on Wire

◆ Topics

Fintechupimdrdigital-paymentsindiaregulation