UPI merchant fee postponed until after Diwali
By United One News · AI-generated summary of 16 outlets' reporting
Published · Updated
AI-generated summary of the coverage listed below:
The 0.4% fee on UPI merchant payments over ₹2,000 will not start on October 15 but after the Diwali holiday.
- The fee applies to merchant transactions funded by bank accounts exceeding ₹2,000.
- The National Payments Corporation of India (NPCI) has delayed the fee’s launch.
- The new start date is set for after the Diwali festival.
Covered by 16 outlets across the spectrum: 25% left, 37% center, 38% right.
How each side framed it
MDR charges on UPI payments will be implemented post-Diwali, says NPCI
Center: The delay is intended to prevent payment disruptions during the festive shopping surge. (AI-generated summary of how this side framed it)
UPI MDR on select person-to-merchant transactions to be implemented after Diwali
Right-leaning: The postponement gives payment companies more preparation time for the fee implementation. (AI-generated summary of how this side framed it)
UPI fee on merchant transactions above Rs 2,000 to kick in after Diwali, says government
Timeline
First reported by Business Today on ; 16 articles from 16 outlets so far.
Who is covering this story
- Left-leaning (4): The Hindu, The New Indian Express, The Federal, Scroll.in
- Center (6): Business Today, Inc42, The Hindu BusinessLine, Tribune India, ABP Live English, Mint
- Right-leaning (6): India TV English, Times of India, Times Now, Deccan Chronicle, Sunday Guardian, @PIB_India
Sources
- UPI MDR on select person-to-merchant transactions to be implemented after Diwali — Business Today (center) ·
- UPI fee on merchant transactions above Rs 2,000 to kick in after Diwali, says government — India TV English (right-leaning) ·
- NPCI Defers UPI MDR Implementation Till Post Diwali — Inc42 (center) ·
- MDR on UPI transactions over Rs 2,000 deferred; to come into effect post Diwali — Times of India (right-leaning) ·
- UPI Merchant Fee On Above Rs 2000 Payments To Be Imposed Post Diwali — Times Now (right-leaning) ·
- UPI payment fee roll-out postponed until after Diwali — The Hindu BusinessLine (center) ·
- UPI fee row: Govt defers 0.4% MDR on select merchant transactions till after Diwali — Tribune India (center) ·
- UPI Merchant Charges Above Rs 2,000 Deferred, New Date After Diwali — Deccan Chronicle (right-leaning) ·
- UPI MDR Deferred: Who Pays, How Much, And What Changes After Diwali — ABP Live English (center) ·
- UPI MDR fee implementation new date: How long do transactions over ₹2,000 remain free? What we know from NPCI statement — Mint (center) ·
- UPI Charges Latest News: Will MDR on Select Merchant Transactions Start After Diwali? Check Expected Date and Key Details — Sunday Guardian (right-leaning) ·
- MDR charges on UPI payments will be implemented post-Diwali, says NPCI — The Hindu (left-leaning) ·
- 📢 UPI MDR on Select Merchant Transactions to be implemented Post-Diwali The #UPI and Services Steering Committee has decided to implement… — @PIB_India (right-leaning) ·
- NPCI defers 0.4% MDR on UPI transactions above Rs 2,000 until after Diwali — The New Indian Express (left-leaning) ·
- MDR on UPI deferred; no new date announced for implementation — The Federal (left-leaning) ·
- Centre postpones rollout of UPI payments fee above Rs 2,000 to after Diwali — Scroll.in (left-leaning) ·