UPI MDR after Diwali is the question many shopkeepers and users are asking now that the festival is over. On October 13, 2026, NPCI said the Merchant Discount Rate (MDR) on select person-to-merchant (P2M) UPI payments would be implemented immediately after Diwali, on a date to be notified separately. Reports at that time said the fee structure itself had not changed. This guide explains what to check, what stays free, and how to be ready for the start date. For the full background, read our main explainer on the UPI…
Read MoreUPI MDR After Diwali: What Users and Merchants Check
