The briefing
From October 15, 2026, UPI payments above Rs 2,000 to large merchants will attract a 0.4% Merchant Discount Rate. The report assesses whether splitting a Rs 6,000 bill into three Rs 2,000 payments could avoid the charge, noting that NPCI currently has no daily cap.
Original headline
UPI MDR is coming: Can a Rs 6,000 bill be split into three Rs 2,000 payments to avoid charges? For now, NPCI has no daily cap