Each article answers one question - in two lines at the top, then in full.
10 articles
The new UPI MDR explained: 0.4% on payments above ₹2,000, capped at ₹300, zero for small P2PM merchants, flat ₹5 in some sectors - with worked examples and FAQ references.
Updated: 7 min readBasicsWho it applies toThe ₹300 capFlat ₹5 sectorsCustomers and bills
Who pays UPI MDR from 15 October 2026, and who does not? Three questions decide whether you are exempt as a P2PM merchant - with four worked shop examples.
Updated: 6 min readWho it applies toSmall merchants (P2PM)Basics
Can merchants add the UPI MDR to a customer's bill? No - FAQ Q34 prohibits it. Surcharges, "extra on UPI" signs and higher UPI prices, explained plainly.
Updated: 7 min readCustomers and billsBasics
Who qualifies for the P2PM exemption? Merchants taking up to ₹1 lakh a month over QR into a personal account pay zero UPI MDR - the conditions, the three-month rule, examples.
Updated: 7 min readSmall merchants (P2PM)Who it applies to
Why does UPI MDR stop at ₹300? Where the cap starts (₹75,000), and exactly what payments of ₹5,000, ₹50,000 and ₹1 lakh cost - with the arithmetic shown.
Updated: 6 min readThe ₹300 capWhat it costs
UPI vs card fees for merchants: UPI costs 0.4% above ₹2,000, capped at ₹300. Debit cards up to 0.9%, credit cards typically 1.5-2.5% - all from the official FAQ.
Updated: 6 min readUPI vs cardsWhat it costs
Which sectors pay a flat ₹5 UPI MDR instead of 0.4%? The FAQ names railways, telecom, insurance, fuel and utility bills - and an "among others" list not yet published.
Updated: 6 min readFlat ₹5 sectors
No MDR on UPI AutoPay, SIPs, utility bills or OTT subscriptions (FAQ Q22). Which payments count as mandates, how one-off investments differ, and how to check your settlement.
Updated: 6 min readAutoPay and SIPsWho it applies to
Where to find the amount, date and fee on a PSP settlement report, and which deductions are wrong: fees under ₹2,000, above ₹300, or before 15 October 2026.
Updated: 6 min readSettlement reports
What UPI MDR adds to a month's costs, worked through for a kirana, a restaurant and a pharmacy - counting payments above ₹2,000, not averaging.
Updated: 6 min readWhat it costs