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UPI users will not pay extra simply for transactions above ₹2,000. Here’s what changes under the new MDR rules from October 15, 2026, who pays the charge, and which UPI transactions remain free.
India is considering changes that could allow MDR on selected UPI merchant transactions. Here's what the debate means for consumers, merchants and digital payments.
India and Nepal have launched a UPI-NPI cross-border remittance system, enabling faster digital money transfers between the two countries. The initiative aims to improve financial inclusion, support migrant workers, and strengthen regional fintech cooperation through real-time payment infrastructure.
