Category: Finance

UPI Transaction Charges New Rules 2026: What Changes From October 15?

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UPI transaction charges 2026 new rules

UPI transaction charges 2026 are changing from October 15, 2026, with a new Merchant Discount Rate (MDR) framework for certain merchant payments. However, the new rules do not mean that customers will have to pay a new UPI transaction fee. Under the revised framework announced by the National Payments Corporation of India (NPCI), a 0.4% MDR will apply to specified person-to-merchant (P2M) UPI transactions above ₹2,000. The MDR is a charge within the merchant payment ecosystem and is not a direct customer fee. The new framework is scheduled to take…

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UPI Tap-and-Pay: What India’s New Contactless Payment Feature Means for Users

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UPI Tap-and-Pay in India: How the New Feature Works in 2026

India’s digital payment system is getting a new contactless payment option. The National Payments Corporation of India (NPCI) has introduced a new UPI tap-and-pay feature that allows users to make payments by tapping a compatible smartphone on a supported point-of-sale terminal. The feature uses near-field communication (NFC) technology and is designed to make some everyday payments faster and more convenient. Here is what UPI tap-and-pay means for users, how it works, and what you should know before using it. What Is UPI Tap-and-Pay? UPI tap-and-pay is a contactless payment feature…

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