NPCI pushes back UPI MDR rollout to “immediately after Diwali”
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Summary
MDR on UPI transactions above ₹2,000 at medium and large merchants was to take effect on October 15, but traders’ bodies told the government that this would dampen festive season sales
Key Facts
TypeNews
SourceThe Hindu - Business
PublishedTuesday, 13 October 2026
Affected Population~850 million internet users, 75,000+ startups
Key Numbers
Rs 15,000 crore for Digital India initiatives
UPI: 14 billion monthly transactions
850 million+ Aadhaar-linked mobiles
Merchandise exports: $437 billion (2024-25)
Key Authorities
Key Stakeholders
Government Context
NDA IIIBJP-led NDA
LeftCentreRight